Weak Confluences Prior To Objective

CONCLUSIONS:

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SUPPORTS

TOTALS: 1 & 0.70 R-Multiple.

4/11/2024

Structure: Lack Of (Weekly & Below).

Result: Price generated a regular confluence prior to the weak confluences, and then sought it & (0.70 R-Multiple).

Confluences: 15M swing highs above a 15M ERT bearish inverse FVG and a 15M IRT bearish inverse FVG.

Close of Candle:

Timeframe of Displacement:

  • 15M ERT Inverse FVG: External.
  • 15M IRT Inverse FVG: Internal.

Probable Confluences: 2/2.

  • 15M ERT Inverse FVG.
  • 15M IRT Inverse FVG.

Improbable Confluences:

Undefined Confluences:

Supplementary Confluences: Conglomerate.

Initiation Liquidity: 4H Swing Lows.

DISPROVES

TOTALS: 2 & - 2.00 R-Multiple.

3/7/2024

Structure: Lack Of (Weekly & Below).

Result: Price generated a regular confluence within only a singular weak confluence and sought it & ( - 1.00 R-Multiple).

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

Initiation Liquidity: 4H Swing Highs.

21/2/2024

Structure: Lack Of (Weekly & Below).

Result: No bearish confluences were sought & ( - 1.00 R-Multiple).

Confluences: A 15M bearish FVG within a 15M IRT bearish inverse FVG.

Timeframe of FVG: 15M.

Timeframe of Displacement: Internal.

Supplementary Confluences: Conglomerate.

Initiation Liquidity: 4H Swing Lows.