# Close Position

<figure><img src="/files/5SXe4I8gKyFdGgOISEj9" alt=""><figcaption></figcaption></figure>

## Overview

The Close Position step allows you to define when and how your liquidity position should be closed. This component gives you flexibility to exit positions based on specific market conditions or strategy thresholds.

## Close Trigger Types

You can choose from three distinct triggers to close your position:

### Price Trigger:

* Closes your position when a specific market price is reached.
* Supports both exact price targets and percentage-based targets.
* Offers directional conditions (above/below specified price).

### Bin Threshold Trigger:

* Links directly to the thresholds you defined in the Create Position step.
* Automatically closes the position when price moves beyond these predefined boundaries.

### None (Immediate):

* Closes the position immediately after the previous step in your strategy completes.


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