Initiation Within Confluences

CONCLUSIONS:

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SUPPORTS

TOTALS:

DISPROVES

TOTALS: 1 & - 1.00 R-Multiple.

13/11/2024

Structure: Against.

Confluences: 15M swing highs (after 15M LRBL) within the 4H WDT & IRT bearish FVG and 4H IRT inverse FVG the reasoning move was initiated within.

Probability of Confluences:

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

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

Supplementary Confluences: Conglomerate.

Initiation Liquidity: 15M LRSL.