Weak Confluences Prior To Objective

CONCLUSIONS:

SUPPORTS

TOTALS:

DISPROVES

TOTALS: 1 & - 1.00 R-Multiple.

25/10/2023

Structure: Lack Of (Hourly & Below).

Result: No bearish confluences were sought & ( - 1.00 R-Multiple).

Confluences: A 4H bearish FVG above a 30M IRT bearish inverse FVG and within a 30M ERT bearish inverse FVG.

Close of Candle:

Timeframe of Displacement:

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

Probable Confluences: 2/2.

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

Improbable Confluences:

Undefined Confluences:

Supplementary Confluences: Conglomerate.

Initiation Liquidity: 15M Swing Lows.