As we know..
FVGs are inefficiencies in price delivery. The market will reprice to these areas in order to offer fair value..
But not all gaps will be filled. Some will remain partially filled, and some will stay completely open.
But why? and how do we use this information?
FVGs are inefficiencies in price delivery. The market will reprice to these areas in order to offer fair value..
But not all gaps will be filled. Some will remain partially filled, and some will stay completely open.
But why? and how do we use this information?
Well..
this information gives us valuable insight into the strength of a market. It can be used to gauge orderflow, and to establish when conditions are ideal to execute a trade idea vs when it's best to wait for more information.
So, how does it work?
this information gives us valuable insight into the strength of a market. It can be used to gauge orderflow, and to establish when conditions are ideal to execute a trade idea vs when it's best to wait for more information.
So, how does it work?
Introducing...
THE FVG LEVEL SYSTEM (FLS)
'The higher the level, the stronger the marketā
THE FVG LEVEL SYSTEM (FLS)
'The higher the level, the stronger the marketā
LEVEL 1 BULLISH
If the HTF is bullish, and we see a FVG completely fill, with the closing price at the discount low of the FVG. x.com
If the HTF is bullish, and we see a FVG completely fill, with the closing price at the discount low of the FVG. x.com
LEVEL 2 BULLISH
If the HTF is bullish, and we see a FVG completely fill, with the closing price at the CE of the FVG. x.com
If the HTF is bullish, and we see a FVG completely fill, with the closing price at the CE of the FVG. x.com
LEVEL 3 BULLISH
If the HTF is bullish, and we see a FVG completely fill, with the closing price at the premium high of the FVG. x.com
If the HTF is bullish, and we see a FVG completely fill, with the closing price at the premium high of the FVG. x.com
LEVEL 4 BULLISH
If the HTF is bullish, and we see a FVG *partially fill*, with the closing price at the premium high of the FVG. x.com
If the HTF is bullish, and we see a FVG *partially fill*, with the closing price at the premium high of the FVG. x.com
For level 5 & 6, check out this video below, where I also explain how to use FLS in price action, with chart examples.
youtu.be
youtu.be
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