Initiation Within Confluences & Weak Confluences Prior To Objective

CONCLUSIONS:

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SUPPORTS

TOTALS: 1 & 1.25 R-Multiple.

11/9/2023

Structure: Lack Of (Hourly & Below).

Result: 15M bearish FVG was generated at the same level as one of the weak confluences and then sought & (1.25 R-Multiple).

Probability of Weak Confluences:

  • Majority Probable.
    • 15M WDT & ERT FVG.
    • 15M ERT Inverse FVG.

Structure of Confluences Initiated Within:

  • Regular & Weak.

Supplementary Confluences: Conglomerate.

Initiation Liquidity: 15M Swing Lows.

DISPROVES

TOTALS: