Weak Confluences Prior To Objective
CONCLUSIONS:
- OVERALL: 50% (1:1) & 1.48 R-Multiple.
- Overall: 50% (1:1) & 1.48 R-Multiple.
- Overall:
- Probable Singular Confluence: 0% (0:1) & - 1.00 R-Multiple.
- Probable Singular Confluence: 0% (0:1) & - 1.00 R-Multiple.
- Probable Singular Confluence:
- Improbable Singular Confluence:
- Improbable Singular Confluence:
- Improbable Singular Confluence:
- Undefined Singular Confluence:
- Undefined Singular Confluence:
- Undefined Singular Confluence:
- Majority Probable Conglomerate:
- Majority Probable Conglomerate:
- Majority Probable Conglomerate:
- Majority Improbable Conglomerate:
- Majority Improbable Conglomerate:
- Majority Improbable Conglomerate:
- Majority Undefined Conglomerate:
- Majority Undefined Conglomerate:
- Majority Undefined Conglomerate:
- Evenly Distributed Conglomerate: 100% (1:0) & 2.48 R-Multiple.
- Evenly Distributed Conglomerate: 100% (1:0) & 2.48 R-Multiple.
- Evenly Distributed Conglomerate:
_______________________________________________________________________________
- 15M WG & ERT Inverse FVG: 0% (0:1) & - 1.00 R-Multiple.
SUPPORTS
TOTALS: 1 & 2.48 R-Multiple.
17/10/2024
Structure: Lack Of (4H & Below).
Result: 15M bearish FVG (valid confluence) was sought & (2.48 R-Multiple).
Confluences: 15M bearish FVG above a 15M WG & ERT bearish inverse FVG and a 15M IRT bearish inverse FVG, and within a 30M WG & IRT Bearish inverse FVG and 1H WG & IRT bearish inverse FVG.
Close of Candle:
- 15M WG & ERT Inverse FVG: Greater Than.
- 30M WG & IRT Inverse FVG: Greater Than.
- 1H WG & IRT Inverse FVG: Less Than.
Timeframe of Displacement:
- 15M WG & ERT Inverse FVG: External.
- 30M WG & IRT Inverse FVG: Internal.
- 1H WG & IRT Inverse FVG: Internal.
- 15M IRT Inverse FVG: Internal.
Probable Confluences: 2/4.
- 15M WG & ERT Inverse FVG.
- 15M IRT Inverse FVG.
Improbable Confluences:
Undefined Confluences: 2/4.
- 30M WG & IRT Inverse FVG.
- 1H WG & IRT Inverse FVG.
Supplementary Confluences: Already Filled FVG’s.
Initiation Liquidity: 15M Swing Lows.
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DISPROVES
TOTALS: 1 & - 1.00 R-Multiple.
22/8/2023
Structure: Lack Of (4H & Below).
Result: The bullish confluence was sought (after alternate weak displacement was undergone and a further weak confluence generated (which has not been included)) & ( - 1.00 R-Multiple).
Confluences: 15M swing lows (after 15M bullish FVG) within a bullish; 15M WG & ERT inverse FVG.
Close of Candle: Greater Than.
Timeframe of FVG: 15M.
Timeframe of Displacement: External.
Initiation Liquidity: 15M Swing Highs.
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