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SELL LIMIT PENDING ORDER

On the other side, Sell Limit orders could be useful when you would like to take advantage of a resistance level that precedes a downward trend.

To set up a pending order in MetaTrader 4, follow the same steps to open a new order and select the Pending Order type, then you can choose the type of Pending Order with the price level that will act as a condition to trigger the order. 

In addition, you can add an expiration date if you wish that the pending order is canceled after a certain period if the price condition is not fulfilled. 

MT4 Pending Order Example

Once you are set, click the place button.

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