So far I have been able to make thousands by stacking longs out of imbalance ranges like the one we are trading inside of right now.
I don't expect any different here and we have been able to blow through the 1.78 s. deviation into the 3-4 deviation range every time we push back out of imbalance range.
Current 1.78 is 95K, so we will be looking to get many many more whales scaling out here this time as it is the easiest target for people who are looking to get out before 100K.
Volume profile point of control is also supporting price right now as this is the "break and retest" zone where the bulk of the volume has been trading
Levels are confounded in this range as we can see. Bearish blocks and bullish blocks are holding fair value here. As the trend has been breaking highs after finding fair value, we can expect that to happen again.
Or in this case, At the least go back and absorb orders left behind in the "taking of profit" gap left behind by the whale/s who decided to scale out heavily.
This is my target for one of my positions entered from this range. Still holding my main position until 97K