What you’re describing lines up exactly with . A sell stop is a pending order you place below the current market price. It gets triggered only if price drops down and hits your level, so it’s ideal for catching bearish momentum when a key support breaks. For example, if GBP/USD is at 1.2700 and you believe a breakdown below 1.2670 will lead to more downside, you’d place a sell stop at 1.2670. As soon as price reaches that level, your order executes as a market order. It’s useful when you want confirmation of a downward move before committing. I use this for breakout trades or when support levels look weak. It’s different from a sell limit, which is used when you think price will rise a bit before dropping — totally different logic. Sell stops let you automate trades without needing to manually hit the button during volatile moves. Just make sure to factor in slippage and place your stop loss accordingly.