OANDA:GBPUSD   British Pound / U.S. Dollar
After price tapped our higher timeframe POI(supply), it began to retrace back into the previous range with momentum. It then touched the base of the range a few times before pushing up, forming liquidity within the upper range. These touches formed what most would identify as support, which is also liquidity that price could target right after taking out all internal range liquidity. Higher timeframe analysis suggest we could potentially be at the beginning of a bearish trend, so this with all this information we are able to look for sells (at least short term). Price could use an established 1h supply to initiate it's move to target liquidity below support previously mentioned, together with medium term trendline liquidity that rests below this support. This is where we get an opportunity to jump in for a ride.
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