Weak Confluences Prior To Objective

CONCLUSIONS:

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SUPPORTS

TOTALS:

DISPROVES

TOTALS: 1 & - 1.00 R-Multiple.

28/3/2024

Structure: In Favour.

Result: Only the first bearish (probable) confluence was sought & ( - 1.00 R-Multiple).

Confluences: A 15M bearish inverse FVG above a bearish 15M WG inverse FVG and within a bearish; 30M IRT FVG.

Close of Candle:

  • 15M WG Inverse FVG: Greater Than.

Timeframe of Displacement:

  • 30M IRT FVG: Internal.

Probable Confluences: 1/2.

  • 15M WG Inverse FVG.

Improbable Confluences: 1/2.

  • 30M IRT FVG.

Undefined Confluences:

Supplementary Confluences: N/A.

Initiation Liquidity: 15M LRSL.