Weak Confluences Prior To Objective

CONCLUSIONS:

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SUPPORTS

TOTALS: 2 & 6.70 R-Multiple.

16/1/2025

Structure: Lack Of (4H & Below).

Result: The bearish confluence was sought & (5.62 R-Multiple).

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

Close of Candle: Greater Than.

Timeframe of FVG: 15M.

Timeframe of Displacement: External.

Supplementary Confluences: Already Filled FVG’s.

Initiation: 4H Swing Lows.

10/9/2024

Structure: Lack Of (4H & Below).

Result: The valid bullish confluence was sought & (1.08 R-Multiple).

Confluences: A 30M bullish inverse FVG beneath a bullish 15M WG inverse FVG and 30M IRT inverse FVG.

Close of Candle:

  • 15M WG Inverse FVG: Greater Than.

Timeframe of Displacement:

  • 30M IRT Inverse FVG: Internal.

Probable Confluences: 2/2.

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

Improbable Confluences:

Undefined Confluences:

Supplementary Confluences: Already Filled FVG’s.

Initiation Liquidity: 4H Swing Highs.

DISPROVES

TOTALS: