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Could profits be taken on a long trade using the Chartcraft method, rather than waiting for a sell signal? If so how?

Could profits be taken on a long trade using the Chartcraft method, rather than waiting for a sell signal? If so how?

One way is to sell at the channel lines, just as we would do in a standard bar chart trend channel approach. Only here the channel line for a long would be the bullish resistance line.

Another common approach is to sell if there is a reversal of three boxes after a long column of Xs.

Finally, some investors will simply take profits progressively as the price rises.

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