Finished the week with this nice trade.
Demand orderblock using wyckoff. Consolidation and then a fakeout. I was waiting for price to make a retest, it formed an engulfing which on lower timeframe was another orderblock, then it retested it and took the liquidity created by the big bearish m30 candle.
GBPAUD has a very significant liquidity level above. I expect price to grab liquidity while making an OrderBlock. Then, after taking orders from the OB, price can continue down to grab the liquidity from the downside. No bullish orderblocks exist to stop the price from doing that imo.
On h4 we can see a clear supply level. On a daily we are in a demand and trying to push higher, still corrections are possible as shown in this picture. I expect price to come to the supply zone, make a reaction and fill the imbalance below.