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
$1.50 |
Change
0.050(3.45%) |
Mkt cap ! $282.6M | |||
| Open | High | Low | Value | Volume |
| $1.44 | $1.50 | $1.42 | $413.6K | 282.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1491 | $1.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.50 | 1413 | 3 |
View Market Depth
| Last trade - 13.00pm 14/05/2024 (20 minute delay) ? |
|
|||||
|
Last
$1.49 |
Change
0.050 ( 2.05 %) |
||||
| Open | High | Low | Volume | ||
| $1.43 | $1.51 | $1.43 | 32979 | ||
| Last updated 13.24pm 14/05/2024 ? | |||||
| EOS (ASX) Chart |