1.) What did I see?
A gap up and first three bars that narrow in range, are inside bars (second and third), and have higher lows (a wedge pattern). Price stays in the upper 50% of the opening bar. In addition, the third bar is "hammer-like" (it does have a small upper tail which is why I say "hammer-like" as opposed to hammer).
2.) What is the entry?
A break of the third bar high.
3.) What is the exit?
1/2 closed after $1 gain. The remaining 1/2 closed at the Fibonacci extension of the previous day's low to the opening range high.
Notes - see how price reverses at the Fibonacci extension? This happens with great frequency, which is why I usually close at least 1/2 of my position at that level. As I mentioned before, if price moves through that area with strength (and sets-up again), there is a high probability for a continued move.
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