Initiation Within Confluences & Weak Confluences Prior To Objective

CONCLUSIONS:

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SUPPORTS

TOTALS: 1 & 1.92 R-Multiple.

8/4/2024

Structure: In Favour.

Structure of Weak Confluences:

  • Majority Probable.
    • 1H WDT & ERT FVG.
    • 15M IRT Inverse FVG.
    • 30M WG & IRT Inverse FVG.
    • 15M IRT Inverse FVG.

Confluences Initiated Within:

  • Regular.

Initiation Liquidity: 1H Swing Lows.

Supplementary Confluences: Conglomerate.

Result: The valid bearish confluence was sought & 1.92 R-Multiple.

DISPROVES

TOTALS: