Weak Confluences Prior To Objective

CONCLUSIONS:

SUPPORTS

TOTALS: 1 & 7.33 R-Multiple.

20/12/2024

Structure: Lack Of (4H & Below).

Result: The valid bullish confluence was sought & (7.33 R-Multiple).

Confluences: A 15M bullish inverse FVG beneath a bullish; 15M ERT inverse FVG and 30M IRT inverse FVG at the same level, as well as a 15M ERT inverse FVG.

Close of Candle:

Timeframe of Displacement:

  • 15M ERT Inverse FVG: External.
  • 30M IRT Inverse FVG: Internal.
  • 15M ERT Inverse FVG.

Probable Confluences: 3/3.

  • 15M ERT Inverse FVG.
  • 30M IRT Inverse FVG.
  • 15M ERT Inverse FVG.

Improbable Confluences:

Undefined Confluences:

Supplementary Confluences: FVG’s.

Initiation Liquidity: 1H Swing Highs.

DISPROVES

TOTALS: