Weak Confluences Prior To Objective

CONCLUSIONS:

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SUPPORTS

TOTALS:

DISPROVES

TOTALS: 1 & - 1.00 R-Multiple.

19/10/2023

Structure: Lack Of (Hourly & Below).

Result: The valid bearish confluence (despite being generated prior to the weak confluence) was not sought ( - 1.00 R-Multiple).

Confluences: 15M swing highs above a 15M ERT bearish inverse FVG.

Timeframe of FVG: 15M.

Timeframe of Displacement: External.

Supplementary Confluences: N/A.

Initiation Liquidity: 1H Swing Lows.