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Basics

Sell limit

A sell limit is a pending order to sell at a price above the current price. It fills only if the price rises to that level.

Also called: sell limit order, limit sell

Hypothetical example

Hypothetically, EUR/USD is at 1.1000 and you place a sell limit at 1.1050. If the price rises to 1.1050, a short position opens; it could keep rising after that.

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