Initiation Within Confluences

CONCLUSIONS:

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SUPPORTS

TOTALS: 1 & 3.73 R-Multiple.

29/11/2023

Structure: In Favour.

Confluences: A 15M bearish FVG within the bearish 4H ERT inverse FVG the reasoning move was initiated within.

Probability of Confluences:

  • 4H ERT Inverse FVG: Undefined.

Result: The bearish confluence was sought & (3.73 R-Multiple).

Supplementary Confluences: Conglomerate.

Initiation Liquidity: 15M LRSL.

DISPROVES

TOTALS: