What the chart shows
The largest gap on the chart is a bullish fair value gap from $4,082.2 to $4,107.8 ($25.6, 1.3 times the average hourly range of $19.80), made by the bars starting Sun 23:00 UTC: bar 1’s high $4,082.2 was below bar 3’s low $4,107.8.
Price came back and filled it completely at Mon 14:00 UTC.
What is a fair value gap?
A fair value gap (FVG) is a three-candle pattern where price moved so fast that the first and third candles do not overlap. The empty space between them was traded only one way. Traders watch whether price comes back to fill that gap, because the market often revisits areas it skipped.
The rule that found it
For every three consecutive hourly bars: a bullish gap is when bar 1's high is below bar 3's low; a bearish gap is when bar 1's low is above bar 3's high. The gap must be at least 0.3 of an average hourly range. The largest gap on the chart is shown, then later bars are checked to see whether price came back into it.
How traders use it
- Wait for price to come back into the gap; do not chase the fast move that created it.
- A common plan: enter when price reacts inside the gap in the direction of the original move, place the stop beyond the far edge of the gap, and aim for the swing high (or low) the move made.
- A gap that is filled completely and then broken loses its meaning; many traders stop watching it after that.
Education only: this explains a pattern that already happened on a past chart. It is not a signal or a level to trade today, and not personal advice.