Initiation Within Confluences

CONCLUSIONS:

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SUPPORTS

TOTALS:

DISPROVES

TOTALS: 1 & - 1.00 R-Multiple.

27/3/2024

Structure: Against.

Confluences: A 30M WG bullish inverse FVG (after 15M bullish inverse FVG) within the bullish; 4H IRT FVG, 4H ERT Inverse FVG, 1H inverse FVG, and 30M ERT inverse FVG the reasoning move was initiated within.

Probability of Confluences:

  • 4H IRT FVG: Improbable.
  • 4H ERT Inverse FVG: Undefined.
  • 1H Inverse FVG: Undefined.
  • 30M ERT Inverse FVG: Undefined.

Result: The bullish confluence generated after entry was sought (after further liquidity was swept and alternate weak displacement was undergone) & ( - 1.00 R-Multiple).

Supplementary Confluences: FVG’s.

Initiation Liquidity: 15M Swing Highs.