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Inefficiency

19/06/23 Weekly outlookLast weeks high: $26887.5 Last weeks low: $25836.5 Midpoint: $24785.5 Despite a strong end to the week BTC has a lower previous week high and a lower previous week low. In that way we continue to be in a swing downtrend. A double bottom from last week gives us an area where if we are to continue breaking down we'd have to break below and stay below. The midpoint from last week controls the bias for me, I think price will find itself there this week and if it drops below and reclaims then the highs are next target. If price consolidates above the midpoint ands drops below I think we break down towards weeks low and continue trend.
by ProR35
2
Imbalance- Today we will talk about imbalance. What exactly is an imbalance, and how to recognize it? - Imbalance can often occur in forex due to many reasons. Imbalance can move upwards or downwards. - Most of the imbalances get filled up within minutes, hours or in one daily session. But it is not always like that, some can take days to fill up. - Imbalance is like a gap, it drives the price to go in the direction where it made the imbalance in order to fill it up. - We can use all that information in our favour to maximize our edge in the markets in different ways. - Here we have 2 examples, on the left example, the price left an imbalance, but on the right, it did not. How? - At first glance, these 2 examples look totally the same, but they are not. In the example on the left, the price left an imbalance, and the wicks are not touching, while on the left side the wicks are touching and therefore we do not have an imbalance as in the first example. - If this post helped you better understand imbalance and its role, leave a like and follow us for more content like this.
Education
by hybridtradingfx
AUDJPY Sell IdeaHere are my thoughts on AUDJPY coming down from the supply zone. We can see on the 4 hr that market structure is coming down and it went into accumulation and created liquidity. I also saw the liquidity was taken above the accumulation/consolidation and tapped into the 4 hr zone. From there I dropped to the 15 minute zone and saw that once price tapped into the 4 hr zone, it created inefficiency, took out liquidity, and had a change of character. Right now, on the retracement, it is creating liquidity and I'm thinking that it will take out the liquidity on its way back up to fill the ineffi,ciency then continue with the downward market structure.
Short
by BlackDiamondFX
1
Short term price rally up into areas of interest. GBP/USDSo at the start of the week we formed a gap, and now price has covered the gap. We saw some hard selling off towards the end of last week, where very little buying was done. This means there is an imbalance of price. This does not mean that price will run to close this unbalanced price action, rather it only serves as a pointer to the overall underlying bearish tone. Ideally, I'd hope to see price take out those equal lows formed today, then go up into these areas of selling. This, I believe, would lead to the formation of a premium in a higher timeframe, which would lead to a selloff.
Long
by Crimson_Dahippy