WHAT IS NEXT FOR BTC ?๐๐๐๐ค๐ค๐ค
You cant skip this class ๐จโ๐ซ
FVG:Fair value gap in just 2 minutes๐
Refering all my previous post you could see me warning of this correction and mentioning this as a great oppertunity to BUY THE DIP๐ฐ๐ฐ๐ฐ
SO HOW CAN THE MARKET REVERSE FROM HERE ?
During the last uptrend the region marked in red circle was the least traded zone during the trend resulting in a number of unexcecuted pending orders, moreover the very next red candle has created a swing low which must have created a number of stoploss oder below the yellow line.
And thus this region can be a zone of high liquidity and is know as "FAIR VALUE GAP"
FVG can either act as a demand zone which may lead to another all time high(1D candle close above yellow line after entering FVG)
OR
act as a supply zone pushing the prize downwards to 56,000(4Hr candle break of structure below the FVG)
