Monday, February 27, 2023
Consequent Encroachment is the midpoint or 50% of an inefficiency (FVG, Implied FVG, Volume Imbalance, Wicks).
In the NY am Session I used multiple timeframe C.E. + Narrative to frame my trade idea. See image above.
ES 5-min Chart
Here I start layering multiple timeframe Consequent Encroachment lines on top of each other to get more details
Consequent Encroachment 5-min Chart
ES 1-min Chart
Layering the 3rd C.E. line and adding the TIME element to the trade idea
