When the market moves impulsively after a breakout, there can be areas of price where orders remain unfilled for the inverse side, (ie, sells in a bull movement), but the market needs to keep everything finely balanced. These areas, called Imbalances, or Fair Value Gaps, will need to be revisited so that the order book can be balanced, therefore allowing it to move forwards in it's chosen direction.
(I drew this chart up on the M2 timeframe, but TV would not allow this TF for mere mortals! The end result is the same)
But, keep it under your hat yeah ;-)
(I drew this chart up on the M2 timeframe, but TV would not allow this TF for mere mortals! The end result is the same)
But, keep it under your hat yeah ;-)
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This is the easiest way of looking at a price prediction
