Initiation Within Confluences (Hourly & Below)

CONCLUSIONS:

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SUPPORTS

TOTALS: 2 & 2.58 R-Multiple.

16/10/2023

Structure: Lack Of (Hourly & Below).

Confluences: A 15M bearish inverse FVG within a bearish 4H IRT FVG.

Probability of Confluences:

  • 4H IRT FVG: Internal.

Result: The bearish confluence was sought & (1.13 R-Multiple).

Supplementary Confluences: Already Filled FVG’s.

Initiation Liquidity: 15M LRSL.

26/11/2024

Structure: Lack Of (Hourly & Below).

Confluences: A 15M bullish inverse FVG within a bullish 4H WDT & IRT FVG the reasoning move was initiated within.

Probability of Confluences:

  • 4H WDT & IRT FVG: Probable.

Result: The bullish confluence was sought & (1.45 R-Multiple).

Supplementary Confluences: Conglomerate.

Initiation Liquidity: 1H Swing Highs.

DISPROVES

TOTALS: 2 & - 2.00 R-Multiple.

13/9/2023

Structure: Lack Of (Hourly & Below).

Confluences: A 15M bullish FVG within the bullish; 4H WDT & IRT FVG and 4H IRT inverse FVG the reasoning move was initiated within.

Probability of Confluences:

  • 4H WDT & IRT FVG: Probable.
  • 4H IRT Inverse FVG: Undefined.

Result: The bullish confluence was not sought & ( - 1.00 R-Multiple).

Supplementary Confluences: FVG’s.

Initiation Liquidity: 15M LRBL.

20/11/2024

Structure: Lack Of (Hourly & Below).

Confluences: A 4H bearish inverse FVG within a bearish; 4H FVG, 1H FVG, and 30M WDT & IRT FVG.

Probability of Confluences:

  • 4H FVG: Probable.
  • 1H FVG: Probable.
  • 30M WDT & IRT FVG: Undefined.

Result: The bearish confluence was not sought & ( - 1.00 R-Multiple).

Supplementary Confluences: Conglomerate.

Initiation Liquidity: 15M Swing Lows.