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
$1.37 |
Change
-0.015(1.08%) |
Mkt cap ! $265.3M | |||
| Open | High | Low | Value | Volume |
| $1.36 | $1.39 | $1.34 | $477.2K | 350.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 4456 | $1.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.38 | 1505 | 9 |
View Market Depth
| Last trade - 12.45pm 28/05/2024 (20 minute delay) ? |
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Last
$1.38 |
Change
-0.015 ( 0.77 %) |
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| Open | High | Low | Volume | ||
| $1.37 | $1.39 | $1.34 | 48965 | ||
| Last updated 13.12pm 28/05/2024 ? | |||||
| EOS (ASX) Chart |