Initiation Within Confluences

CONCLUSIONS:

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SUPPORTS

TOTALS:

DISPROVES

TOTALS: 1 & - 1.00 R-Multiple.

20/11/2024

Structure: Lack Of (Hourly & Below).

Confluences: A 4H bearish inverse FVG within a bearish; 4H FVG, 1H FVG, and 30M WDT & IRT FVG.

Probability of Confluences:

  • 4H FVG: Probable.
  • 1H FVG: Probable.
  • 30M WDT & IRT FVG: Undefined.

Result: The bearish confluence was not sought & ( - 1.00 R-Multiple).

Supplementary Confluences: Conglomerate.

Initiation Liquidity: 15M Swing Lows.