USD/CAD update - moving stoploss to protect profits

This is an example of moving the stoploss up past the entry point (break-even point) to 'lock-in' profits. Now if the price should move lower I will still be in this trade unless it moves all the way to my stoploss. Of course I am looking for the price to continue in my favor and that is why my stoploss is not closer to current price action.