Weak Confluences Prior To Objective

CONCLUSIONS:

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SUPPORTS

TOTALS: 1 & 3.38 R-Multiple.

29/1/2025

Structure: Lack Of (Hourly & Below).

Result: 15M bearish FVG (valid confluence) was sought & (3.38 R-Multiple).

Confluences: A 15M bearish FVG within a 1H WG bearish inverse FVG and a 30M WG & IRT bearish inverse FVG and 15M IRT bearish inverse FVG at the same level.

Close of Candle:

  • 1H WG Inverse FVG: Greater Than.
  • 30M WG & IRT Inverse FVG: Greater Than.

Timeframe of Displacement:

  • 30M WG & IRT Inverse FVG: Internal.
  • 15M IRT Inverse FVG: Internal.

Probable Confluences: 2/3.

  • 1H WG Inverse FVG.
  • 15M IRT Inverse FVG.

Improbable Confluences:

Undefined Confluences: 1/3.

  • 30M WG & IRT Inverse FVG.

Supplementary Confluences: Already Filled Inverse FVG’s.

Initiation Liquidity: 4H Swing Lows.

DISPROVES

TOTALS: