Fair Value Gap (FVG) Trading Strategy Explained (2026)

A Fair Value Gap (FVG) is one of the most reliable smart-money concepts for identifying where price is likely to return. This guide explains what an FVG is, how to spot valid ones, and how to trade them.

What Is a Fair Value Gap?

A Fair Value Gap is a three-candle imbalance where price moves so aggressively that it leaves an unfilled zone between the wicks. This gap represents inefficient pricing that the market often returns to fill before continuing.

How to Identify a Valid FVG

Look for a strong impulsive move that creates a visible gap between the first candle’s wick and the third candle’s wick. Valid FVGs form in the direction of institutional order flow and align with broader market structure.

Trading the FVG

Traders typically wait for price to retrace into the gap, then look for confirmation before entering in the direction of the original impulse. Combining FVGs with order blocks and liquidity concepts sharply increases reliability.

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