A Fair Value Gap, FVG for short is the porous price action between the 2 candles (1 above and 1 below)
HOW TO TELL THE RIGHT FVG
There some factors in the market place that can help you decide which is a more valid FVG than the others.
Below gives th e factors of a valid FVG
1. There must be space between the top candle's wick and the bottom candle's wick
2.There should be speed in the price action This can also be used as a guage to tell
when the instititions are in the market place and also tells the likly direction of the market
WHAT ARE THE USES OF FVG
1. It can be used to tell the direction of the market Just like i said above, when the
market is assumed to be bearish, the speed towards the downside creates FVG and price is more likely
to fill the space that was left
2.It can be used for entries and execution. I personally use it for Exection, infact i used
it to trade Bitcoin yesterday😁. When price leaves a FVG while heading down(Bearish), you can wait for a
retracement back to the space that was left by Price action just like you wait for retracement with the Fibbonacci
I hope you know what FVG's are from this little summary
HOW TO TELL THE RIGHT FVG
There some factors in the market place that can help you decide which is a more valid FVG than the others.
Below gives th e factors of a valid FVG
1. There must be space between the top candle's wick and the bottom candle's wick
2.There should be speed in the price action This can also be used as a guage to tell
when the instititions are in the market place and also tells the likly direction of the market
WHAT ARE THE USES OF FVG
1. It can be used to tell the direction of the market Just like i said above, when the
market is assumed to be bearish, the speed towards the downside creates FVG and price is more likely
to fill the space that was left
2.It can be used for entries and execution. I personally use it for Exection, infact i used
it to trade Bitcoin yesterday😁. When price leaves a FVG while heading down(Bearish), you can wait for a
retracement back to the space that was left by Price action just like you wait for retracement with the Fibbonacci
I hope you know what FVG's are from this little summary
