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
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 (20min delay)
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Last
$1.38 |
Change
-0.030(2.13%) |
Mkt cap ! $273.0M | |||
| Open | High | Low | Value | Volume |
| $1.40 | $1.42 | $1.38 | $233.2K | 166.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 6300 | $1.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.38 | 3701 | 7 |
View Market Depth
| Last trade - 13.11pm 04/11/2024 (20 minute delay) ? |
| EOS (ASX) Chart |