Hey Daily, imbalance is a concept I borrowed from Inner Circle Trading in which the trading algorithm moves price action very quickly through an area leaving 'liquidity voids'. ICT calls them Fair Value Gaps, I prefer imbalance. Basically, trading algorithms move price to those areas in order to fill in the imbalance. EOS has a sell side imbalance between $1.17 to $1.40 and it's likely the trading algorithm will move the buy side price action to fill in the imbalance soon. They are like magnets to price action. I use this concept along with Gann's 50% levels and they work very well together.
chart, page-5
Add EOS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.44 |
Change
0.070(5.11%) |
Mkt cap ! $277.8M | |||
| Open | High | Low | Value | Volume |
| $1.41 | $1.48 | $1.41 | $912.9K | 633.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 26781 | $1.44 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.45 | 8345 | 1 |
View Market Depth
| Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
| EOS (ASX) Chart |