So much reason to sell GBPAUD and risk management.

If I'm trying to short this pair, then I may have missed the opportunity. If price returns to the 1.835 area, then I'm looking to make short entries. So, if price returns to the 1.835 area, then I'll be waiting for bear candles on the 1D chart. If I get those bear candles, then I'll move to the 1H time frame and place sell limit orders at previous levels. My stop loss will be placed on the other side of the level. Usually further than the levels highest high, in this case. I only risk 1/4% of my account. I also have to monitor my margin % to avoid being margin called. I stretch my margin to the limits. My brokers margin calls at 50% of my account. Currently at approximately 26% across 15 pairs. Looking to increase my account margin % to 38%.

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Between the end of March and the end of April, would have been great time to sell this. The bear candles on the daily time frame give me enough reason to believe this pair could begin falling the following day.

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Roughly what entries and stops would look like. As you can see, i got stopped out quite a few times. I also would have had entries that were not stopped out. I would be up nearly 1000 pips at least 2 of those entries. Each entry is no more than 1/4% of my deposit.