One third of the trade closes at each target, and the stop moves to the entry after target 1.
This is a mechanical limit short on Ethereum, driven by a Smart Money Concepts fair value gap rule. It sets a sell limit at 2238.81, the midpoint of a recent 1-hour bearish gap, requiring the 4-hour 50 EMA to be falling. The broader daily and 4-hour trends do align with this bearish bias, as Ethereum trades well below its moving averages. However, the strategy has historically shown a negative expectancy across tested assets. Additionally, the stop loss at 2243.93 is tight and sits unprotected below the nearest major resistance at the previous day's high of 2250.35, increasing the risk of a premature exit.
ChartPrice structure on the chart: trend, levels, volatility.
Fair value gaps are the core of the ICT / Smart Money Concepts style, the most actively maintained family in our libraries (for example the FVG Gold EA and ICT Gold EA, both updated in 2025-26). On 1-hour bars, a bullish gap is a candle whose low sits above the high from two candles earlier, at least 0.3 ATR tall, while the 4-hour 50 EMA is rising: a buy limit waits at the middle of the gap for 6 hours, with the stop just under the gap. Bearish gaps mirror it. Targets 1R, 2R and 3R; max 48 hours.
Caveat: Average per trade across the 11 instruments tested (7 FX majors, gold, silver, Bitcoin, Ether), costs included. Negative on all 11 instruments tested. Hourly bars cannot show whether a target was touched before the limit filled, so the test gave no credit for that; the true figure may be a little better. Not tested on WTI or the Nasdaq 100.
The idea, explained: Fair value gaps
When this signal was published, its fixed fields were written to a record and fingerprinted with SHA-256. The fingerprint also contains the one before it, so a change anywhere breaks the chain. You can check it in your browser.
{"v":2,"symbol":"ETHUSD","side":"sell","order_type":"limit","timeframe":"1h","strategy":"pop_fvg_1h","source":"data","oco_group":null,"entry":"2238.81","zone_lo":"2237.78","zone_hi":"2239.83","sl":"2243.93","tp1":"2233.69","tp2":"2228.57","tp3":"2223.44","created_at":"2026-11-07T17:01:06Z","expires_at":"2026-11-07T23:01:06Z","max_close_at":"2026-11-09T23:01:06Z","risk":"high","prev_hash":"cd8adab383c7dcfab19a2a71dffa684b1af984171b4ebf04aa5234a9cdc65377"}
Its rule was not profitable after costs in every period we tested.
Intraday trade, not a scalping or news trade.
No high-impact release was due while the order waits or in its first 4 hours.
The spread is 49% of the stop distance (above 10%), so trading costs take a big share.
High Risk means at least one check flagged this trade. Size it smaller, or skip it if you only follow Cautious signals. The tag was set when the signal was published and is part of its signed record.
Place it yourself in your own platform. This is a practice signal, not advice. How to copy a signal
lots
Lots = amount you risk, divided by the loss if the stop is hit. Contract sizes: forex pairs 100,000 units per lot, gold 100 oz, Bitcoin and Ether 1 coin, WTI crude 1,000 barrels, US100 1 per index point. Brokers differ, so check yours and adjust the contract size. Rounded down to 0.01. Position sizing explained
The strategy has a poor historical record, and the tight stop sits exposed just below the previous day's high.
Signals scored 40-49 have won 49% of 47 closed.
Confidence is a score from 0 to 100 given by an AI model. It is checked against how signals in the same band really ended, so treat the measured rate as the evidence, not the score. Reading a track record