Weak Confluences Prior To Objective

CONCLUSIONS:

SUPPORTS

TOTALS:

DISPROVES

TOTALS: 1 & - 1.00 R-Multiple.

6/6/2024

Structure: In Favour

Result: 15M Bearish FVG was sought & ( - 1.00 R-Multiple).

Confluences: A 15M bearish FVG within a 4H IRT bearish FVG and 30M WG bearish inverse FVG.

Close of Candle:

  • 30M WG Inverse FVG: Greater Than.

Timeframe of Displacement:

  • 4H IRT FVG: Internal.

Probable Confluences: 2/2.

  • 4H IRT FVG.
  • 30M WG Inverse FVG.

Improbable Confluences:

Undefined Confluences:

Supplementary Confluences: FVG’s.

Initiation Liquidity: 1H Swing Lows.