![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgS3DQ9xC4t2ce2hXcULiuaLjrAD42T5AkVpAhKie2yYixlQVtkrDOchCX6olxCO_pGm6LtXgkCixJDZ9zLAut9CSgGG_g3EFql1bU5AcMEBpWyT8StAE2eT7_P-J7VO2bxQ3SKybe1qU8/s400/1.gif)
Price is moving in favor of this current position so far but as you can see there is a substantial resistance level to be broken (see blue rectangle on hourly chart)if price is to really break hard to the upside. Price is currently 'testing' the resistance level.
For now I will keep the current trade stoploss(SL) at breakeven (BE). If the price action (PA) breaks above the resistance levels indicated I may be moving the SL up to lock in more profits. Since I have already 'locked-in' profits on this trade AND moved my SL to BE I have nothing to lose by letting the trade do as it will :-)
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Dan