Initiation Within Confluences

CONCLUSIONS:

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SUPPORTS

TOTALS: 1 & 2.94 R-Multiple.

18/11/2024

Structure: Lack Of (Weekly & Below).

Confluences: A 30M bullish FVG as objective, and initiation in a bullish; 1H IRT FVG, 1H ERT Inverse FVG, and 4H ERT inverse FVG.

Probability of Confluences:

  • 1H IRT FVG: Probable.
  • 1H ERT Inverse FVG: Probable.
  • 4H ERT Inverse FVG: Undefined.

Result: The bullish confluence was sought & (2.94 R-Multiple).

Supplementary Confluences: FVG’s.

Initiation Liquidity: 15M LRBL.

DISPROVES

TOTALS: