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  4. Fair Value Gap — FVG
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Fair Value Gap — FVG

Learning goal: Identify the three-candle FVG precisely and filter random gaps.

1Learn

Fair Value Gap — FVG

An FVG is an imbalance in a three-candle pattern where Candle 1 and Candle 3 wicks do not overlap.

How to identify it

An FVG is an imbalance in a three-candle pattern where Candle 1 and Candle 3 wicks do not overlap.

The middle candle carries displacement and the space between Candle 1/3 extremes defines the FVG. The source says price often revisits it—not always.

How it works, step by step

Number three candles and mark the wick gap for bullish or bearish direction.

The source logic is: The middle candle carries displacement and the space between Candle 1/3 extremes defines the FVG. The source says price often revisits it—not always.

Separate observation from interpretation: the numbers show only a price path; an SMC label still needs this lesson’s criteria. C1 high 101 | C2 body 102–108 | C3 low 105

Why it matters

Its practical importance is that FVG is a strong-move footprint and potential retracement AOI.

Place in the SMC sequence

FVG is a strong-move footprint and potential retracement AOI.

How it works, step by step

  1. First, Number three candles and mark the wick gap for bullish or bearish direction.
  2. Then, Valid case: Number three candles and mark the wick gap for bullish or bearish direction.
  3. Finally, Invalid case: A meaningful FVG needs strong-move, structure and liquidity context.
  4. Define invalidation before turning an observation into a trade.

How to identify it

  1. Number three candles and mark the wick gap for bullish or bearish direction.
  2. Valid case: Number three candles and mark the wick gap for bullish or bearish direction.
  3. Invalid case: A meaningful FVG needs strong-move, structure and liquidity context.
  4. After the observation, wait for subsequent behavior to confirm it.

Distinction from a related concept

Fair Value Gap — FVG

An FVG is an imbalance in a three-candle pattern where Candle 1 and Candle 3 wicks do not overlap.

Any gap

A meaningful FVG needs strong-move, structure and liquidity context.

Two directional scenarios

↗ Supported case

C1 high 101 | C2 body 102–108 | C3 low 105: Valid case: Number three candles and mark the wick gap for bullish or bearish direction. In a bullish scenario, Number three candles and mark the wick gap for bullish or bearish direction.

↘ Interpretation trap

C1 high 101 | C2 body 102–108 | C3 low 105: Invalid case: A meaningful FVG needs strong-move, structure and liquidity context. In a bearish scenario, Number three candles and mark the wick gap for bullish or bearish direction.

⚠ Common mistakes

  • First error: labeling without criteria in Fair Value Gap — FVG
  • Second error: confusing it with Any gap
  • Third error: turning an observation into an immediate entry without a model or risk control.

✓ Practical checklist

  • Number three candles and mark the wick gap for bullish or bearish direction.
  • Valid case: Number three candles and mark the wick gap for bullish or bearish direction.
  • Invalid case: A meaningful FVG needs strong-move, structure and liquidity context.
  • This concept is not a guaranteed entry or profit; stop, position size and model rules remain mandatory.
2See an example

Guided exercise · 1

Guided: split the sequence into observable events and write only evidence actually present in the data. C1 high 101 | C2 body 102–108 | C3 low 105

3Practice

Practice

Guided practice

Guided: split the sequence into observable events and write only evidence actually present in the data. C1 high 101 | C2 body 102–108 | C3 low 105

?↔✓

Gold V3 Open Response

💡 The emphasized element is a clue; still submit the answer yourself. Number three candles and mark the wick gap for bullish or bearish direction. Separate observation from interpretation: the numbers show only a price path; an SMC label still needs this lesson’s criteria.

Expected answer

100 تا103.

Assisted practice

Assisted: write one supported and one rushed interpretation of the same sequence, then state the filter that rejects the weak reading. C1 high 101 | C2 body 102–108 | C3 low 105

?↔✓

Gold V3 Open Response

Expected answer

خیر؛ هم‌پوشانی وجود دارد و فاصله مثبت High1→Low3 باقی نمانده.

Independent practice

Independent: before seeing continuation, record the likely reading, required confirmation and invalidation on three separate lines. C1 high 101 | C2 body 102–108 | C3 low 105

?↔✓

Gold V3 Open Response

Expected answer

پاسخ موردی؛ تشخیص هندسی و ارزیابی Context باید جدا ثبت شوند.

4Test yourself

Knowledge check

For the sequence C1 high 101 | C2 body 102–108 | C3 low 105, which statement is most precise?
If price does not confirm the reading after C1 high 101 | C2 body 102–108 | C3 low 105, what should happen?
Before using Fair Value Gap — FVG in a live decision, what must already be defined?
+35 XPLesson resultContinue to course map →

What to retain

  • Its practical importance is that FVG is a strong-move footprint and potential retracement AOI.
  • FVG is a strong-move footprint and potential retracement AOI.
  • Mental model: observe → label conditionally → wait for subsequent behavior → decide only inside a risk plan.

Educational content only — not financial advice and no guarantee of profit.