9 Tweets 27 reads Jun 01, 2024
FVGs tell a story.
There are FVGs all around the chart. Picking the right FVG is very important for having a better chance of succeeding.
Let's discuss some points that make FVGs tradeable.
Credits:@arjoio
#MMT
A Thread 🧡
Identifying High Probability Fair Value Gaps:
1. Context: The main fundamental rule is that the FVG we are looking to trade should be in the context of the timeframes above it.
4: Stacked FVGs:
When price wants to retrace, what if there are more than one FVG that price can use to displace ? At these instances, pay attention to the FVG, which is overlapping with another PD array
Let's look at today's price action and see some of the principles discussed in live markets
The H4 FVG is in context of timeframes above it, as there are currently no Daily or weekly FVGs that price could target and bearish orderflow confirmed in lower timeframes alsoβœ….
Remember, the creation or non-creation of a FVG also tells a story. Study how FVGs are created coming in and out of a HTF PD array to get more insights.
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For more detailed information, watch:
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