Weak Confluences Prior To Objective
CONCLUSIONS:
- OVERALL: 100% (1:0) & 1.76 R-Multiple.
- Overall:
- Overall: 100% (1:0) & 1.76 R-Multiple.
- Probable Singular Confluence:
- Probable Singular Confluence:
- Probable Singular Confluence:
- Improbable Singular Confluence:
- Improbable Singular Confluence:
- Improbable Singular Confluence:
- Undefined Singular Confluence:
- Undefined Singular Confluence:
- Undefined Singular Confluence:
- Majority Probable Conglomerate: 100% (1:0) & 1.76 R-Multiple.
- Majority Probable Conglomerate:
- Majority Probable Conglomerate: 100% (1:0) & 1.76 R-Multiple.
- Majority Improbable Conglomerate:
- Majority Improbable Conglomerate:
- Majority Improbable Conglomerate:
- Majority Undefined Conglomerate:
- Majority Undefined Conglomerate:
- Majority Undefined Conglomerate:
- Evenly Distributed Conglomerate:
- Evenly Distributed Conglomerate:
- Evenly Distributed Conglomerate:
SUPPORTS
TOTALS: 1 & 1.76 R-Multiple.
17/9/2024
Structure: In Favour.
Result: The valid bullish confluence was sought & (1.76 R-Multiple).
Confluences: A 15M bullish FVG beneath a bullish; 15M WG inverse FVG and 30M WG inverse FVG at the same level, a 1H WDT & ERT FVG and within a 1H WG inverse FVG (at the same level as the previous confluence), and beneath a 1H WDT & ERT FVG.
Close of Candle:
- 15M WG Inverse FVG: Greater Than.
- 30M WG Inverse FVG: Greater Than.
- 1H WDT & ERT FVG: Less Than.
- 1H WG Inverse FVG: Greater Than.
- 1H WDT & ERT FVG: Less Than.
Timeframe of Displacement:
- 1H WDT & ERT FVG: External.
- 1H WDT & ERT FVG: External.
Probable Confluences: 3/5.
- 15M WG Inverse FVG.
- 30M WG Inverse FVG.
- 1H WG Inverse FVG.
Improbable Confluences:
Undefined Confluences:
- 1H WDT & ERT FVG.
- 1H WDT & ERT FVG.
Supplementary Confluences: Inverse FVG’s.
Initiation Liquidity: 15M Swing Highs.
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DISPROVES
TOTALS: