Leverage Trading a Sell Order on Kraken

If I bought 1 BTC at $15k and I put a sell order at BTC going to $20k with a 3x leverage. Does that mean instead of $5k profit I get $15k profit when my sell limit is reached at $20k? Is there a timeframe for this or as long as it doesn’t go below $15k I’m still good? What happens if it goes below $15k but I don’t sell? Thanks

submitted by /u/Ratcowl
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