As you can see from the picture, all the conditions for opening a sell position have been fulfilled. But in this case, I do not immediately open the position as soon as all the conditions are met. I do this in view of the fact that there was a sharp puncture of the main trend line and, as a rule, after such sharp punctures, the price often returns to this line. Therefore, I would prefer to use a sell limit order located on the main trend line. Sell ​​19225. I won’t move this order anymore, despite the possible further lowering of the main trend line.



Stop in this case will be above the main big red dot. This is very high relative to the position opening point and this moment needs to be considered when choosing a lot size. My broker has a current spread of 65 pips on this instrument. I calculate the stop loss for sell positions as follows: multiply the spread by 3 and add to the maximum. In this case, 65 * 3 + 19740 = 19935.