Initiation Within Confluences

CONCLUSIONS:

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SUPPORTS

TOTALS:

DISPROVES

TOTALS: 1 & - 1.00 R-Multiple.

30/4/2024

Structure: Lack Of (Weekly & Below).

Confluences: A 15M bullish FVG within the bullish 4H WDT & ERT FVG the reasoning move was initiated within.

Probability of Confluences:

  • 4H WDT & ERT FVG: Probable.

Result: Alternate weak displacement was undergone prior to a newly generated valid confluence being sought & ( - 1.00 R-Multiple).

Supplementary Confluences: Already Filled FVG’s.

Initiation Liquidity: 15M Swing Highs.