Trade closed: target reached:
Closed the trade last night after price came within 1 pip of my stop loss. A major resistance area was in the 83.90-84 region where this level had served as both resistance and support numerous times. I manually closed the trade at 83.83 after some bearish price action had begun forming off of a resistance trend line. I used the 1 minute time frame to analyze the bearish reversal potential.