Initiation Within Confluences

CONCLUSIONS:

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SUPPORTS

TOTALS: 1 & 1.18 R-Multiple.

18/4/2024

Structure: Lack Of (Weekly & Below).

Confluences: A 4H bearish FVG within the bearish; 1H inverse FVG, 1H WDT & IRT FVG, and 15M WDT & ERT FVG the reasoning move was initiated within.

Probability of Confluences:

  • 1H Inverse FVG: Undefined.
  • 1H WDT & IRT FVG: Undefined.
  • 15M WDT & ERT FVG: Undefined.

Result: The bearish confluence was sought & (1.18 R-Multiple).

Supplementary Confluences: FVG’s.

Initiation Liquidity: 15M Swing Lows.

DISPROVES

TOTALS: 1 & - 1.00 R-Multiple.

5/7/2024

Structure: Lack Of (Weekly & Below).

Confluences: A 15M bullish inverse FVG within the bullish 4H WDT FVG the reasoning move was initiated within.

Probability of Confluences:

  • 4H WDT FVG: Probable.

Result: The valid confluence was sought but ( - 1.00 R-Multiple).

Supplementary Confluences: FVG’s.

Initiation Liquidity: 15M Swing Highs.