Weak Confluences Prior To Objective

CONCLUSIONS:

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SUPPORTS

TOTALS:

DISPROVES

TOTALS: 2 & - 2.00 R-Multiple.

8/3/2024

Structure: Lack Of (Weekly & Below).

Result: Only the improbable confluences were sought & ( - 1.00 R-Multiple).

Confluences: A 15M bullish inverse FVG beneath a 15M WG bullish inverse FVG and 30M WG bullish inverse FVG at the same level.

Close of Candle:

  • 15M WG Inverse FVG: Greater Than.
  • 30M 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: Inverse FVG’s.

Initiation Liquidity: 15M Swing Highs.

7/11/2023

Structure: Lack Of (Weekly & Below).

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

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

Timeframe of FVG: 15M.

Timeframe of Displacement: External.

Supplementary Confluences: Inverse FVG’s.

Initiation Liquidity: 15M Swing Lows.