📉 Simple drop model $BTC - analysis of the monthly timeframe according to ICT
Fair Value Gap (FVG) in ICT is a price imbalance that occurs during a sharp, impulsive price movement, creating a gap between the first and third candlestick in a three-candle combo.
Monthly FVGs are considered the strongest. They act like powerful magnets for price, representing significant inefficiencies that the market aims to balance. They can hold price or trigger reactions (bounces/reversals) for weeks and months.
✔️ Monthly FVGs at $BTC are respected by the market; price returns to them for a retest, after which the drop continues!
#BTCShortAlert
Fair Value Gap (FVG) in ICT is a price imbalance that occurs during a sharp, impulsive price movement, creating a gap between the first and third candlestick in a three-candle combo.
Monthly FVGs are considered the strongest. They act like powerful magnets for price, representing significant inefficiencies that the market aims to balance. They can hold price or trigger reactions (bounces/reversals) for weeks and months.
✔️ Monthly FVGs at $BTC are respected by the market; price returns to them for a retest, after which the drop continues!
#BTCShortAlert