Price retraced from Weekly FVG. The retracement had high momentum down, making Fair Value Gaps on the 4H. After 3 things aligned:
1. Price made new 4H Fair Value Gap coming from the Daily Fair Value Gap
2. Price disrespected Swing High in 4H Fair Value Gap
3. Rejection off D FVG closed with perfect 2 candle rejection.
I entered the trade after I've seen the close on the daily timeframe, Stop below the 4H Fair Value Gaps.
1. Price made new 4H Fair Value Gap coming from the Daily Fair Value Gap
2. Price disrespected Swing High in 4H Fair Value Gap
3. Rejection off D FVG closed with perfect 2 candle rejection.
I entered the trade after I've seen the close on the daily timeframe, Stop below the 4H Fair Value Gaps.
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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.