Nava Imbalance Strategy - Breakouts
Price Action Trading Strategy.
1. Make Channel & highlight Imbalances (3 Touches for confirmed Trend Channel)
ENTRY 1:. Wait for price to pass Imbalance in trend direction. Then Wait for Break/Retest of Trend Channel (showing trend weakness) + Entry Setup (Double Bottom, Head & Shoulders, etc.)
Entry Signal- Engulfing Candle, Doji, RSI OB/OS, MacD, etc.
ENTRY 2:. Wait for price to break Resistance + Retest (Price passes last imbalance + Entry Signal)
1. Make Channel & highlight Imbalances (3 Touches for confirmed Trend Channel)
ENTRY 1:. Wait for price to pass Imbalance in trend direction. Then Wait for Break/Retest of Trend Channel (showing trend weakness) + Entry Setup (Double Bottom, Head & Shoulders, etc.)
Entry Signal- Engulfing Candle, Doji, RSI OB/OS, MacD, etc.
ENTRY 2:. Wait for price to break Resistance + Retest (Price passes last imbalance + Entry Signal)