Hi guys,
Today price tapped into 91-94 sell side area and it's been selling off ever since, Now there is an imbalance area from 79-74 which has to be resolved. Just below imbalance area there is a demand level should price fall i would expect a reversal from there. If our immediate demand level is broken next level would be 1967.
Be honorable
Today price tapped into 91-94 sell side area and it's been selling off ever since, Now there is an imbalance area from 79-74 which has to be resolved. Just below imbalance area there is a demand level should price fall i would expect a reversal from there. If our immediate demand level is broken next level would be 1967.
Be honorable
Note
reaction to imbalance edgeNote
second reaction to the imbalance zoneNote
Seems like it imbalance zone is not letting it throughNote
Great reaction to 1974 level. 110 pips has been achievedNote
perfect reaction to 1965 level. 70 pips profitNote
280 pips has been achieved
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.