This is very complicated,especially the part of market imbalance am a bit confused of what that means.But I know one thing for sure long-term traders are the ones that rule price movement or should I say form a trend,to be able to locate entries you need to have observed how price have reacted over a period of time to locate as you've said multiple rejected levels, let's say price levels that has been rejected twice or more for the past 2-3 trading season.
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