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Where should you take profit?
Chart skills

Where should you take profit?

You were in profit. Then it all came back. Your exit was in the wrong place. Use this instead.

2026-11-0173 secdaily
What you will learn
  1. Buying? Your first target is the last swing high. Selling? The last swing low.
  2. When it gets there, take part of the position off.
  3. Move your stop to your entry, so the rest is protected.
  4. Let the rest run to the next level.
THE CHART

The real chart used in this lesson

Real XAUUSD daily chart · Apr 25 – Jun 18, 2025 · quiz: EURUSD daily

Quiz at the end: You're long and in profit. Take it at A, B, or C?

Full transcript

You were in profit. Then it all came back.

Your exit was in the wrong place. Use this instead.

Say you bought gold near 3,291 on May 30, 2025. This is the real daily chart.

Where's your exit? Don't guess. When you buy, target the last swing high.

Here, that's 3,366, from May 23.

On June 2, gold reached it. Now do two things.

One: take part of the position off. Lock in some profit.

Two: move your stop up to your entry. Now the rest is protected.

Watch why. A week later, gold fell back to 3,294, almost your entry.

Hold everything with no plan, and that's how your profit comes back.

But you banked part at the target, and your stop at entry held.

Three: let the rest run to the next level up, the older high at 3,435.

On June 13, gold got there.

Selling? Flip it. Your first target is the last swing low.

Save this. First target: the last swing high. Hit it: take part off, stop to entry. Let the rest run to the next level.

Your turn. You bought this euro dip and you're in profit. Take it at A, B, or C? Comment below.

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AI-voiced; written and reviewed by the Borearis Research Team. For education only, not investment advice. Trading involves risk.