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
$1.35 |
Change
-0.050(3.57%) |
Mkt cap ! $260.4M | |||
| Open | High | Low | Value | Volume |
| $1.40 | $1.40 | $1.35 | $482.0K | 352.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7314 | $1.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.35 | 4695 | 1 |
View Market Depth
| Last trade - 16.10pm 29/05/2024 (20 minute delay) ? |
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Last
$1.35 |
Change
-0.050 ( 3.67 %) |
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| Open | High | Low | Volume | ||
| $1.39 | $1.40 | $1.35 | 57233 | ||
| Last updated 15.59pm 29/05/2024 ? | |||||
| EOS (ASX) Chart |