Weak Confluences Prior To Objective

CONCLUSIONS:

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SUPPORTS

TOTALS:

DISPROVES

TOTALS: 1 & - 1.00 R-Multiple.

5/12/2023

Structure: Lack Of (Weekly & Below).

Result: The bearish confluence was not sought & ( - 1.00 R-Multiple).

Confluences: A 15M bearish FVG above a 15M WG & ERT bearish inverse FVG.

Close of Candle: Greater Than.

Timeframe of FVG: 15M.

Timeframe of Displacement: External.

Supplementary Confluences: N/A.

Initiation Liquidity: 15M Swing Lows.