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Cory4rex

-FVG Example

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Índice S&P 500 (BLACKBULL:SPX500)  
Cory4rex  
BLACKBULL:SPX500   Índice S&P 500
Trend Analysis Fundamental Analysis Beyond Technical Analysis fvg fairvaluegap Bearish Patterns Engulfing Candle impulsecandle
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trendanalysis fundamental beyondta fvg fairvaluegap bearish engulfingcandle impulsecandle
This candle creates the -FVG high. Use the low of this candle and extend out.

This candle breaks market structure to the downside in the form of an impulse candle, bearish engulfing.

The high of the candle following the engulfing candle sets the low of the -FVG and the candle should not trade back above through the candle high that created the lo.

You can look for setups at the -FVG high @3716.70, middle @3713.70 and low @3710.70.
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