-FVG Example
This candle creates the -FVG high. Use the low of this candle and extend out.
This candle breaks market structure to the downside in the form of an impulse candle, bearish engulfing.
The high of the candle following the engulfing candle sets the low of the -FVG and the candle should not trade back above through the candle high that created the lo.
You can look for setups at the -FVG high @3716.70, middle @3713.70 and low @3710.70.
This candle breaks market structure to the downside in the form of an impulse candle, bearish engulfing.
The high of the candle following the engulfing candle sets the low of the -FVG and the candle should not trade back above through the candle high that created the lo.
You can look for setups at the -FVG high @3716.70, middle @3713.70 and low @3710.70.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.