Initiation Within Confluences

CONCLUSIONS:

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SUPPORTS

TOTALS: 1 & 1.04 R-Multiple.

22/1/2024

Structure: Against.

Confluences: A 15M bullish FVG beneath the bullish; 4H IRT FVG and 1H ERT inverse FVG the reasoning move was initiated within.

Probability of Confluences:

  • 4H IRT FVG: Probable.
  • 1H ERT Inverse FVG: Probable.

Result: The bullish confluence was sought & (1.04 R-Multiple).

Supplementary Confluences: FVG’s.

Initiation: 15M LRBL.

DISPROVES

TOTALS: