Essentially, I got in a early I guess. The entry I took was good and followed all my rules, it just wasn't too be. Price went back up and flushed out any weak holders. Then it went down. Unfortunately I didn't get an entry for the main leg down.
Bar 2 was another spike in volume followed by an upthrust, I could see this was weak but I didn't want to short in to the higher volume that was bar 1. Hence not taking the red sell signal. If this had formed after clearing the yellow zone then I definitely would have got in, but it just wasn't to be unfortunately.