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Imbalance

GBPNZD ImbalanceHey guys, I'm not seeing a whole lot of stuff out in the market at the moment that I really want to trade, I've been trading some fundamentals on the Aussie dollar for the past few days and on the outer timeframes, looking at all the charts I'm really not seeing anything grab me. One thing I have noticed is this massive imbalance here on the GBPNZD pair. If we do manage to get up into this supply area, however long that takes, we definitely can look to go short here. As you can see, the just pure mass of shorting and selling that happened at this time, I think there will be a lot of orders that bounces back off of this price. If you guys have any ideas out there in the market at different pairs, you're looking out on the different time frames do let me know. I'm struggling to see a whole lot of opportunities. Market tends to be moving one way and not so much in a wavy format as usual, which doesn't coincide with my strategy. But that happens sometimes. Happy trading guys!
Short
by the5erstrading
3
NZDCAD Analysis - March 27, 2022So I did a little charting and (top-down) analysis on NZDCAD. It's not a currency pair I am trading personally, but I used it for practice purposes only... NZDCAD Analysis - March 27, 2022 Starting from the Weekly timeframe price has just retested a Supply area (0.88880 to 0.87690). I also can see an EQL looking at the current swing low that equals the low of March 11 of 2021 at 0.83425. Scaling down then to the Daily timeframe price never closed above the 0.87690 level (low of the weekly Supply area), only wicked trough attempting to make a higher-high but never did. On the 4h timeframe, I spotted another Supply area (Green) within the Weekly Supply area (Gray). Although the 4h timeframe shows Bullish bias looking at recent price action by breaking structure to the upside, one can clearly see that price reacted pretty accurately from those "intertwined" Supply areas and has started to make a lower-high since. Also, when looking closer, I spotted a Demand area (Purple) that was the last indecision candle before the impulsive move right into the Supply area (Green). Thus leaving a huge imbalanced price gap behind to fill. Now that I have a pretty good idea that the market bias is (turning) Bearish, aiming to close the imbalanced price area, I will go to a lower time frame and set out some key levels for possible shorts. From the 1h timeframe perspective, we are ranging. I marked out some key levels on the chart based on this timeframe and then refined those levels on lower timeframes, keeping in mind the levels, structure from the higher timeframes. When combining all the timeframe levels it looks like this. In my humble opinion price will go for the liquidity below since there is also an in-efficient price action below it, with above that area an imbalanced price. Looking at the price action from the range high, it looks pretty efficient making those lower highs and lower lows, respecting each lower high on the way down. That's why my focus is more on the imbalance to the down instead of the one on the upside. I think the price will go for the refined zone below eventually because: - Major trend is a downtrend on higher timeframes - Price made a huge impulsive move to the upside and tested a weekly Supply area leaving an imbalance price area behind - Price has retested and rejected multiple times the weekly Supply area where the big impulsive move from earlier ended and never closed above it - The substructure of the higher timeframe "swing" is making lower highs and lower lows on the lower timeframe - There are multiple imbalanced price areas to the downside
Short
by CryptonianTrader
2
USDJPY due to fill late buyers The dollar has truly shown its legs on this pair as of this year, currently floating at yearly highs. As fundamental factors loomed and swayed the opinions of many retail investors and institutions in the last month or two when investors are looking towards safe haven pairs the dollar was clearly favoured over the Yen, for example. Now, the majority see dollar strength and that’s all good but look, the higher time frames on this pair and correlating pairs alike show many major imbalances that are yet to be filled. This is my view based upon 1HR Time frame POIs. I suspect a retracement to sub 118.500 before any upside continuations. Let’s see what UJ can do this week!
by WRJ_FX
CHFJPYCHFJPY Looking For Shorts I'm Looking To Short Based On The Price Retesting/ Filling In The Daily Inefficiency Price Rejection To That Level 126.460 We Have A Daily Rejection Block After Price Took The Orders Resting Above The Old High We Have Distribution Schematic (Which I Did not Mark Up) Plan We Have Our Maximum Stops =30 Pips Targeting To Run Over 2 Asian Lows That Are Too Cleaned PLEASE WATCH-OUT FOR THE 11 Mar Asian Low It Near Inefficiency Which Can Drive Price Higher Before Taking Out The Old March Low (124.250) DISCLAIMER : Before using this Tradingview account setups, please make sure that you note the following important information: Do Your Own Research ( DYOR ) Our content is intended to be used and must be used for information and education purposes only. It is very important to do your own analysis before making any investment based on your own personal circumstances. You should take independent financial advice from a professional in connection with, or independently research and verify, any information that you find on our Website and wish to rely upon, whether for the purpose of making an investment decision or otherwise. No Investment Advice Our Tradingview account is a financial data and news portal, discussion forum and content aggregator. Circle Forex Institution is not a broker/dealer, we are not an investment advisor, we have no access to non-public information about publicly traded companies, and this is not a place for the giving or receiving of financial advice, advice concerning investment decisions or tax or legal advice. We are not regulated by the Financial Services Authority. We are an educational forum for analysing, learning & discussing general and generic information related to stocks, investments and strategies. No content on the site constitutes - or should be understood as constituting - a recommendation to enter in any securities transactions or to engage in any of the investment strategies presented in our site content. We do not provide personalised recommendations or views as to whether a stock or investment approach is suited to the financial needs of a specific individual.
Short
by Prof_Invests_ZA
GBPUSD: Join Buyers ⏏️The impulse breakout from the morning announcement has a bullish imbalance within it. As soon as the imbalance is filled on the footprint, we can proceed to buy into the trapped buyer zone. Updates to follow Alkalites! Traders, if you have your own opinion about this idea, write in the comments section, I always reply. 💬 🚨 RISK DISCLAIMER: Trading Crypto, Futures, Forex, CFDs, and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use a tight stop loss. -------------------------------------------------------------------------------------------------------- Please like, subscribe, and share this idea with others! ⬇️ --------------------------------------------------------------------------------------------------------
Long
by AlkalineFX
34
AUDNZD: Asian Damage 🚨The Asian session wiped out all of the resistance sellers, they will be waking up sad this morning. Since I waited for the liquidity grab, I can now consider sells if we get a pullback into the imbalance/supply with signs of rejection. Traders, if you have your own opinion about this idea, write in the comments section, I always reply. 💬 🚨 RISK DISCLAIMER: Trading Crypto, Futures, Forex, CFDs, and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use a tight stop loss. -------------------------------------------------------------------------------------------------------- Please like, subscribe, and share this idea with others! ⬇️ --------------------------------------------------------------------------------------------------------
Short
by AlkalineFX
18
GBPJPY: Sell Artwork 🧑‍🎨Look at how beautiful this setup is. With the news volatility coming we may be able to get price into the supply/imbalance followed by rejection to the downside. I will set an alert and monitor price shortly, if price surpasses the invalidation line, I have no interest in this setup. Traders, if you have your own opinion about this idea, write in the comments section, I always reply. 💬 🚨 RISK DISCLAIMER: Trading Crypto, Futures, Forex, CFDs, and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use a tight stop loss. -------------------------------------------------------------------------------------------------------- Please like, subscribe, and share this idea with others! ⬇️ --------------------------------------------------------------------------------------------------------
Short
by AlkalineFX
20