How to Set Buy Stop CFDs Order and Sell Stop CFD Order after a Consolidation Chart Pattern

These stop cfd orders are cfd orders to buy above the cfd market or to sell below the cfd market.

• Buy Stop CFD OrderAn order to buy at a level above the cfd price.

• Sell Stop CFDs OrderAn order to sell at a level below the cfd price.

How to Set Buy Stop CFDs Order and Sell Stop CFD Order after a Consolidation Chart Pattern

These stop cfd orders are used by traders wanting to trade a setup like consolidation pattern but they do not want to wait & watch the cfd prices all day long until there is a cfd price breakout.

Therefore, traders will set these pending stop cfd orders above and below current cfd price and a cfd price breakout in any of these direction will execute one of these stop cfd orders and a buy cfd trade or a sell cfds trade will automatically be executed and opened.