Initiation Within Confluences

CONCLUSIONS:

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SUPPORTS

TOTALS:

DISPROVES

TOTALS: 1 & - 1.00 R-Multiple.

18/7/2024

Structure: Lack Of (Weekly & Below).

Confluences: A 15M bearish FVG within the bearish 15M inverse FVG and 30M WG inverse FVG the reasoning move was initiated within.

Probability of Confluences:

  • 15M Inverse FVG: Undefined.
  • 30M WG Inverse FVG: Undefined.

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

Supplementary Confluences: Already Filled Inverse FVG’s.

Initiation Liquidity: 15M LRSL.