Get started

Imbalance

Ethereum Short AnalysisEthereum is bearish for the next couple of weeks until further notice. Price broke structure to the upside on the daily timeframe and is looking to drop heavily to $1200 area. On the weekly timeframe, banks did not yet mitigate their positions at the open price of the last bearish move down, before the up move that broke daily structure. Before ethereum continues the uptrend journey to new all time high prices, we're looking to take this short, all the way to $1200 and then getting into long positions at $1200. This is not financial advice.
BITSTAMP:ETHUSDShort
by TRADER_AP_FX
⁉️ What is an Imbalance?‼️ Imbalances are also known as inefficiencies or FVG (Fair Value Gaps) these are periods in price action whereby means of lopsided order flow, which create porous wakes or gaps in fills. The market will slip to the only available trade levels as a result of thin liquidity and these voids in liquidity will be revisited at a later stage. The market will seek to fill in any missing gaps or missed levels on a trade. Impulse price swings are typically seen with this voids in liquidity. In simple terms imbalances are gaps in the market and the market will always seek in to close or fill those gaps.
Education
by Snick3rSD
GBPUSD Intraday BiasGBPUSD Aug 10 1145H GMT+8 Bias is still Bearish. I expect Dollar index to go higer after US Core Inflation release 0830H EST. 4H Descending Channel is still intact NY Session yesterday produced a 1H SZ (Supply Zone) and FVG (Fair Value GaP). I'm expecting London Session to fill the gap. I expect London to take out Sellside Liquidity (Sell Stops) before the rally up the 1H FVG. If the RR for a long setup is good, take it. Otherwise, wait for a better shorting opportunity at the 1H FVG/SZ. Target is an Longterm Lower Low.
Short
by bammerific
1