Weak Confluences Prior To Objective

CONCLUSIONS:

SUPPORTS

TOTALS:

DISPROVES

TOTALS: 1 & - 1.00 R-Multiple.

3/11/2023

Structure: In Favour.

Result: The first bullish confluence was sought & ( - 1.00 R-Multiple).

Confluences: A 15M bullish FVG beneath a 15M WG bullish inverse FVG and within a 1H WDT & IRT bullish FVG.

Close of Candle:

  • 15M WG Inverse FVG: Greater Than.
  • 1H WDT & IRT FVG: Greater Than.

Timeframe of Displacement:

  • 1H WDT & IRT FVG: Internal.

Probable Confluences: 1/2.

  • 15M WG Inverse FVG.

Improbable Confluences:

Undefined Confluences: 1/2.

  • 1H WDT & IRT FVG.

Supplementary Confluences: Conglomerate.

Initiation Liquidity: 1H Swing Highs.