USDJPY short - 1 November 2016

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 fermée manuellement:

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 :)