Weak Confluences Prior To Objective
CONCLUSIONS:
- OVERALL: 50% (3:3) & 4.44 R-Multiple.
- Overall: 50% (3:3) & 4.44 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: 100% (1:0) & 1.71 R-Multiple.
- Undefined Singular Confluence: 100% (1:0) & 1.71 R-Multiple.
- Undefined Singular Confluence:
- Majority Probable Conglomerate: 33% (1:2) & - 0.82 R-Multiple.
- Majority Probable Conglomerate: 33% (1:2) & - 0.82 R-Multiple.
- 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) & 4.55 R-Multiple.
- Evenly Distributed Conglomerate: 100% (1:0) & 4.55 R-Multiple.
- Evenly Distributed Conglomerate:
_______________________________________________________________________________
- 30M ERT Inverse FVG: 0% (0:1) & - 1.00 R-Multiple.
- 1H WG & ERT Inverse FVG: 100% (1:0) & 1.71 R-Multiple.
SUPPORTS
TOTALS: 3 & 7.44 R-Multiple.
15/11/2024
Structure: Lack Of (Weekly & Below).
Result: The bearish confluence was sought & (1.71 R-Multiple).
Confluences: A 15M bearish FVG (after 15M inverse FVG) within a 1H WG & ERT bearish inverse FVG.
Close of Candle: Greater Than.
Timeframe of FVG: 1H.
Timeframe of Displacement: External.
Supplementary Confluences: Conglomerate.
Initiation Liquidity: 15M LRSL.
27/11/2023
Structure: Lack Of (Weekly & Below).
Result: 15M LRSL generated prior to the two undefined confluences was sought & (4.55 R-Multiple).
Confluences: 1H LRSL within a bullish; 4H IRT FVG, beneath a 15M IRT bullish inverse FVG, within a 4H ERT bullish inverse FVG, and beneath a 30M WDT & IRT bullish FVG.
Close of Candle:
- 30M WDT & IRT FVG: Greater Than.
Timeframe of Displacement:
- 4H IRT FVG: Internal.
- 15M IRT Inverse FVG: Internal.
- 4H ERT Inverse FVG: External.
- 4H ERT FVG: Internal.
Probable Confluences: 2/4.
- 4H IRT FVG.
- 15M IRT Inverse FVG.
Improbable Confluences:
Undefined Confluences: 2/4.
- 4H ERT Inverse FVG.
- 30M WDT & IRT FVG.
Supplementary Confluences: Conglomerate.
Initiation Liquidity: 15M LRBL.
7/2/2024
Structure: Lack Of (Weekly & Below).
Result: The valid confluence was sought & (1.18 R-Multiple).
Confluences: A 1H bullish inverse FVG within a bullish; 30M WG inverse FVG and 15M WG inverse FVG.
Close of Candle:
- 30M WG Inverse FVG: Greater Than.
- 15M WG Inverse FVG: Greater Than.
Timeframe of Displacement:
Probable Confluences: 2/2.
- 30M WG Inverse FVG.
- 15M WG Inverse FVG.
Improbable Confluences:
Undefined Confluences:
Supplementary Confluences: Conglomerate.
Initiation Liquidity: 15M LRBL.
DISPROVES
TOTALS: 3 & - 3.00 R-Multiple.
5/8/2024
Structure: Lack Of (Weekly & Below).
Result: The two final confluences (one probable & one improbable) were sought & ( - 1.00 R-Multiple).
Confluences: A 15M bearish FVG above a bearish; 30M WG inverse FVG and within a bearish 30M WDT & ERT FVG at the same level, and above a bearish; 30M ERT inverse FVG and within a bearish 4H WG & IRT inverse FVG at the same level.
Close of Candle:
- 30M WG Inverse FVG: Greater Than.
- 30M WDT & ERT FVG: Less Than.
- 4H WG & IRT Inverse FVG: Greater Than.
Timeframe of Displacement:
- 30M WDT & ERT FVG: External.
- 30M ERT Inverse FVG: External.
- 4H WG & IRT Inverse FVG: Internal.
Probable Confluences: 3/4.
- 30M WG Inverse FVG.
- 30M ERT Inverse FVG.
- 30M WDT & ERT FVG.
Improbable Confluences:
Undefined Confluences: 1/4.
- 4H WG & IRT Inverse FVG.
Supplementary Confluences: Conglomerate.
Initiation Liquidity: 15M LRSL.
27/2/2024
Structure: Lack Of (Weekly & Below).
Result: Further liquidity was swept prior to the reasoning move being undergone & ( - 1.00 R-Multiple).
Confluences: A 30M bullish FVG beneath a 30M ERT inverse FVG.
Timeframe of FVG: 30M.
Timeframe of Displacement: External.
Supplementary Confluences: Conglomerate.
Initiation Liquidity: 15M LRBL.
8/11/2023
Structure: Lack Of (Weekly & Below).
Result: Only the first bearish confluence was sought & ( - 1.00 R-Multiple).
Confluences: A 1H bearish inverse FVG above a bearish; 15M WG inverse FVG and 30M IRT inverse FVG, and within a bearish 15M IRT inverse FVG.
Close of Candle:
- 15M WG Inverse FVG: Greater Than.
Timeframe of Displacement:
- 30M IRT Inverse FVG: Internal.
- 15M IRT Inverse FVG: Internal.
Probable Confluences: 3/3.
- 15M IRT Inverse FVG.
- 30M IRT Inverse FVG.
- 15M WG Inverse FVG.
Improbable Confluences:
Undefined Confluences:
Supplementary Confluences: Conglomerate.
Initiation Liquidity: 15M LRSL.
