Description
⋅ The AM Wave Trend Indicator is Positive for all time frames. Bounce off of short term support. Entry at 349. Stop loss 344. Targets of 360, 375, 385.
Trade active
⋅ Moved Stop Loss to trailing stop at 359 to lock in a $10 almost 3% profit.
Trade closed: target reached
⋅ Once it closed above 375, placed a trailing stop on 1hr ATR. Got kicked out with a 7% profit.