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What is Confluence?

Two or more independent reasons pointing to the same price zone, such as yesterday's VAL coinciding with the London low. Used to rank levels.

In context

For each level, record four things: the price, the source, the confluence, and what you would want to see from the flow if price arrives. This last field is what turns a line on a chart into a testable hypothesis. It also blocks hindsight bias: after the session you cannot say "I had that level too" if it was not on the list.

From Chapter 11: Putting It Together on Gold

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Related terms

Value area (VA, VAH, VAL)

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