Fair Value Gaps Part 1

Fair Value Gaps Part 1Leçon 2 sur 85 min de lecture

Why it is empty

A one sided move is the evidence that nothing was resting inside the range, and a hesitant move is the evidence that something was.

Price does not travel a long way in one candle by accident. It travels because nothing stopped it.

A move that runs up

Gold leaves 2,396 and one hourly candle carries it from 2,404 to 2,412.

That candle went eight dollars without pausing. For that to happen, nobody was selling anywhere inside those eight dollars. Every price in the range was passed through with nothing coming the other way.

The move ran because there were no sell orders in its way.

A move that drops

The same applies falling.

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