So, we can see that GA is very on the 4hr timeframe. You can also see from the line I have marked out at the bottom we have a clear reaction from the level of 1.74164 where price has failed to push past. Since market open Sunday the £ pushed up quite aggressively which allowed us to add a fib from the recent high to the recent low. From this and with the added trendline we already had in place we could see that a nice position to the left would make this a nice place to add a sell limit. Having said that it is a bit obvious so instead of that we added a sell limit on the 61.80% fib which was just a move the trendline to allow the market to push up a bit before entering.
This is now running nicely in profit with us targeting those prior lows.