Background: - Bearish reversal candle with bearish divergence formation after breaking out of 104.0 daily resistance
Entry: - Sell stop @ 104.48
TP: - Set at 103 near daily 50MA area
SL: - Set at 105.1 round number resistance area
Trade closed manually
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Update - 2 November 2016: - Trade closed manually at 103.19 (19 pips earlier than my intial TP of 103.0) - Trade closed earlier due to the upcoming FOMC statement release - Trade closed with 110 pips profit :)