Example of usd/jpy : Strong Imbalance
I have try my best to keep this blog updated on every clue of Where "Strong Institutional buyers" are eyeing to step in the market and absorbed the whatever supply there is and "Imbalance" is first clue of any such activity happening.
Even though we are in strong trends market and we saw some candlesticks patterns then it is not necessary it offers continuation of trend as for me candles at adverse market conditions are traps (most of them), unless you saw strong "rotation center" Violation and prior trend is strong to sideways for number of days.
So, pattern is the lower level in decision making process, the higher level is understanding context. We can't really evaluate our decision if we always operate from lower level of this process. It is only possible to evaluate it when we try and understand what patterns is offering and what prior market conditions is and overall context is also very important.
