the day. I bring my stop loss from the low of the consolidation period to my entry price (break-even). I sell my remaining positions as soon as my target hits or I sense that the price is losing steam and the sellers are gaining control of the price action. If there is no profit target, you can look at your 1-minute or 5-minute chart and close your position when the price makes a new 1-minute or 5-minute low. This is ideally when the price will roll over and the trend will change.
