DislikedAltering The Initial Trade Plan
In an attempt to make the trade stress free, I moved level of the first target higher at $1702. The stop loss for the second position will be moved to break even and it will be trailed according to new chart data. The $1702 is not a random level but it is the low of the BEOC ($1723) minus the average true range ($26) which equals to $1697. Yet, the $1697 is below a round number therefore I placed it above the round number plus $2.Ignored
i came out because i think price will probably soon reject above my BE point and it could even draw a double top, so i took my profits and ran away from the high risk of seeing my trade goes back to BE. price has made a very strong long move and it will probably make some little ups and downs before jumping down or up again in my opinion.
i hope you'll reach your tp anyway
best regards