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
$1.35 |
Change
-0.005(0.37%) |
Mkt cap ! $260.4M | |||
| Open | High | Low | Value | Volume |
| $1.35 | $1.35 | $1.34 | $15.53K | 11.56K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 618 | $1.34 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.35 | 21681 | 6 |
View Market Depth
| Last trade - 10.17am 30/05/2024 (20 minute delay) ? |
|
|||||
|
Last
$1.34 |
Change
-0.005 ( 0.87 %) |
||||
| Open | High | Low | Volume | ||
| $1.34 | $1.34 | $1.34 | 1360 | ||
| Last updated 10.36am 30/05/2024 ? | |||||
| EOS (ASX) Chart |