Fair Value Gap
Also: FVG
Three candles where the first and third do not overlap. One appears every two or three candles.
In the chapter
What can be counted and what is a story
From the same chapter
- DisplacementA fast move with large bodies. It is volatility expansion.
- Order blockLast opposite candle before the displacement. Depends on what you call «opposite».
- Sweep / raidAn extreme breaks to reach the stops and price comes back.
- Liquidity poolEqual extremes where stops pile up. A range phenomenon, nearly absent in trends.