Weak Confluences Prior To Objective

CONCLUSIONS:

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SUPPORTS

TOTALS: 1 & 5.67 R-Multiple.

29/2/2024

Structure: Against.

Result: The valid bearish confluence was sought & (5.67 R-Multiple).

Confluences: A 4H bearish FVG above a bearish; 15M WG & IRT inverse FVG, 30M IRT inverse FVG, and 1H IRT inverse FVG.

Close of Candle:

  • 15M WG & IRT Inverse FVG: Greater Than.

Timeframe of Displacement:

  • 15M WG & IRT Inverse FVG: Internal.
  • 30M IRT Inverse FVG: Internal.
  • 1H IRT Inverse FVG: Internal.

Probable Confluences: 3/3.

  • 15M WG & IRT Inverse FVG.
  • 30M IRT Inverse FVG.
  • 1H IRT Inverse FVG.

Improbable Confluences:

Undefined Confluences:

Supplementary Confluences: Already Filled Inverse FVG’s.

Initiation: 15M LRSL.

DISPROVES

TOTALS: