moonchild
VIP Contributor
Fair value gap is a space in price that is left unfilled due to a sudden move in market prices, a fair value gap can be identified in a chart when three consecutive candles form in the chart, without the first and the last wicks touching each other, the space they left in the middle is called fair value gap.
This is a high probability set up because most of the times, price will come back to fill the gap and move, it offers an opportunity for a risk free trade and also great risk to reward ratio.
Before using fair value gaps it's important to backrest previous data and find out how the market reacts to this setup, back it up with some demo trading before going live with it.
This is a high probability set up because most of the times, price will come back to fill the gap and move, it offers an opportunity for a risk free trade and also great risk to reward ratio.
Before using fair value gaps it's important to backrest previous data and find out how the market reacts to this setup, back it up with some demo trading before going live with it.
