Bullish fair value gaps
Fair Value Gaps
A support zone below price
A bullish FVG forms during a strong up move. Candle 1's high sits below candle 3's low, leaving untraded space below current price that often acts as support on a pullback.
The bottom edge is the line in the sand
The bottom of a bullish FVG, candle 1's high, is the deepest reasonable support. A close back below that level suggests the imbalance failed to hold and the bullish case weakens.
Stronger with confluence
Bullish FVGs often line up with other bullish signals nearby, like an order block or a swept low. Trading the confluence beats trading the gap in isolation.