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Knowledge Base

Report Guides

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ReportsFair Value Gap
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Initial BalanceOpening Range BreakoutMarket Session CorrelationMarket Session BreakoutPrevious Day RangeWeekly Opening GapSession Range by WeekdaySession BiasSession Volume Profile
Gap FillMidnight Open RetracementOpening Candle ContinuationEngulfing CandlesFair Value GapInside BarsOutside DaysConsecutive Bars
Volume ProfileHigh Volume NodesLow Volume NodesNaked POC StatisticsValue Area StatisticsVolume ImbalancePOC Migration
Delta AnalysisDelta DivergenceHedging Volume ImpactZero Gamma Level
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CPI PerformanceFOMC PerformanceNFP PerformanceMoon Phase
GEX Regime PerformanceGEX Pattern OutcomesAir Pocket BreakoutPlaybook LeaderboardExecution QualityNode Freshness & ExhaustionHeatseeker ScorecardDealer Reflexive Action MapGEX/VEX Reshuffle PredictorIndex Confluence AlignmentOrderflow-Node Conflict DetectorNode Reversal Probability Engine
ReportsPrice ActionFair Value Gap

Fair Value Gap

FVG frequency, mitigation rates, and effectiveness as reversal targets

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Fair Value Gap — Strategy Guide

What Is a Fair Value Gap?

A Fair Value Gap (FVG) is a three-candle pattern where the middle candle's body creates a gap between the wicks of the first and third candles. This represents a price imbalance where one side aggressively dominated. Price often returns to "fill" or "mitigate" these gaps.

Key Metrics

Fill Rate — How often price returns to fill the FVG. Typically 70-85% depending on timeframe and market conditions.
Mitigation Depth — How much of the FVG gets filled. Full fill vs partial fill (50% of gap). Partial fills are more common.
Time to Fill — How long before the FVG is revisited. Most FVGs are tested within 2-5 bars.

Trading Strategy

Identify FVGs on your primary timeframe. When price retraces to an FVG, look for entry signals (rejection candle, delta divergence) to trade in the original move direction. The midpoint of the FVG (consequent encroachment) is the most common reversal point within the gap.

Pro Tip
Not all FVGs are equal. FVGs created during high-volume moves are more significant. FVGs on higher timeframes (1H, 4H) are stronger than those on lower timeframes (5M, 15M). Stack timeframes for confluence.
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Engulfing Candles
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Inside Bars
55105520553055405550556055705580C1C2C355485532FVG: 16ptsImbalanceSupportFillBullish FVG — Gap as Support
Strategy Guide
Fair Value Gap
Bullish gaps form during strong up moves.
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