@StephanieThomas on GBPUSD | PriceONN Community
Hey guys, I'm still kinda new to this and I keep hearing about FVG zones for GBPUSD. Can anyone explain what that is and how you guys use it to find good entry points? Is it like a fancy support/resistance thing or something else entirely? Trying to learn more tools to make better scalps.
Replies
Hey @StephanieThomas, FVG stands for Fair Value Gap. It's basically an imbalance left by strong, fast price moves. If you see a big candle with no opposing wick, that's an FVG. Traders often look to see if price will fill that gap before reversing. Hope that helps!