Weak Confluences Prior To Objective

CONCLUSIONS:

SUPPORTS

TOTALS:

DISPROVES

TOTALS: 1 & - 1.00 R-Multiple.

7/9/2023

Structure: Lack Of (Hourly & Below).

Result: No bearish confluences were sought & ( - 1.00 R-Multiple).

Confluences: A 30M bearish FVG above a 15M IRT bearish inverse FVG and within a 4H WG & ERT bearish inverse FVG.

Close of Candle:

  • 4H WG & ERT Inverse FVG: Greater Than.

Timeframe of Displacement:

  • 15M IRT Inverse FVG: Internal.
  • 4H WG & ERT Inverse FVG: External.

Probable Confluences: 1/2.

  • 15M IRT Inverse FVG.

Improbable Confluences:

Undefined Confluences: 1/2.

  • 4H WG & ERT Inverse FVG.

Supplementary Confluences: FVG’s.

Initiation Liquidity: 4H Swing Lows.