Weak Confluences Prior To Objective

CONCLUSIONS:

SUPPORTS

TOTALS:

DISPROVES

TOTALS: 1 & - 1.00 R-Multiple.

18/12/2024

Structure: In Favour.

Result: A valid confluence was generated and then sought but ( - 1.00 R-Multiple).

Confluences: 15M bearish FVG & 15M LRBL above a bearish; 15M WG & IRT inverse FVG and 15M IRT inverse FVG.

Close of Candle:

  • 15M WG & IRT Inverse FVG: Greater Than.

Timeframe of Displacement:

  • 15M WG & IRT Inverse FVG: Internal.
  • 15M IRT Inverse FVG: Internal.

Probable Confluences: 2/2.

  • 15M WG & IRT Inverse FVG.
  • 15M IRT Inverse FVG.

Improbable Confluences:

Undefined Confluences:

Supplementary Confluences: Already Filled FVG’s.

Initiation: 1H Swing Lows.