Weak Confluences Prior To Objective

CONCLUSIONS:

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SUPPORTS

TOTALS:

DISPROVES

TOTALS: 2 & - 2.00 R-Multiple.

2/7/2025

Structure: Lack Of (Weekly & Below).

Result: The bearish confluence was not sought & ( - 1.00 R-Multiple).

Confluences: A 30M bearish inverse FVG above a 15M IRT bearish inverse FVG.

Timeframe of FVG: 15M.

Timeframe of Displacement: Internal.

Supplementary Confluences: Already Filled Inverse FVG’s.

Initiation Liquidity: 15M Swing Lows.

10/11/2023

Structure: Lack Of (Weekly & Below).

Result: The second bearish (second probable) confluence was sought & ( - 1.00 R-Multiple).

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

Close of Candle:

Timeframe of Displacement:

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

Probable Confluences: 2/2.

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

Improbable Confluences:

Undefined Confluences:

Supplementary Confluences: Already Filled Inverse FVG’s.

Initiation Liquidity: 15M Swing Lows.