GBPAUD Short

Reason for short:
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1. Liquidity grab $
2. Clear BoS
3. Imbalances at premium levels
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Entry:
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1. Instead of taking entries on Imbalances/OB. I use the 0.80 level of Fibonacci Retracement which is a deep premium level to take shorts.
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1. Entry price: 1.90981
2. Stop loss: 1.91741 (76 pips)
3. Profit target 1.87940 (304.1 pips)
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Order cancelled:

I wont take this set-up anymore as price went back down again to the last swing low without us.