A trader shows how to use Fair Value Gaps with doji candles and EMA alignment to enter trades. The setup triggers when a strong FVG prints, a doji wick confirms through it, and the daily timeframe sets your take-profit target.
Chapters
When I come to the market, 3am hits here, I see a fair value gap printing on the 3am candle, and then you have another candle here. So after I see my fair value gap printing, this is the fair value gap here. Okay? Now this is what ICT calls consequent encroachment or the 50%. If I get a doji candle here, especially a wick that wicks through it, and I have my EMA's aligned, and I'm also seeing this strong fair value gap. And then the next candle after this doji candle closes below this high. If it closes above the high, I'll invalidate the trade. So I see this. I'm entering here. My stop loss would be below this candle low here. Then I would jump to the daily time frame, and then I would look for my TP.