Weak Confluences Prior To Objective

CONCLUSIONS:

SUPPORTS

TOTALS:

DISPROVES

TOTALS: 1 & - 1.00 R-Multiple.

1/7/2025

Structure: Against.

Result: Only one weak confluence was sought & ( - 1.00 R-Multiple).

Confluences: A 15M bearish FVG above a bearish; 30M WG & ERT inverse FVG, 15M WG inverse FVG, 15M ERT inverse FVG, and 30M ERT inverse FVG.

Close of Candle:

  • 30M WG & ERT Inverse FVG: Greater Than.
  • 15M WG Inverse FVG: Greater Than.

Timeframe of Displacement:

  • 30M WG & ERT Inverse FVG: External.
  • 15M ERT Inverse FVG: External.
  • 30M ERT Inverse FVG: External.

Probable Confluences: 3/4.

  • 15M WG Inverse FVG.
  • 15M ERT Inverse FVG.
  • 30M ERT Inverse FVG.

Improbable Confluences:

Undefined Confluences: 1/4.

  • 30M WG & ERT Inverse FVG.

Supplementary Confluences: Already Filled FVG’s.

Initiation Liquidity: 15M Swing Lows.