Weak Confluences Prior To Objective

CONCLUSIONS:

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SUPPORTS

TOTALS:

DISPROVES

TOTALS: 2 & - 2.00 R-Multiple.

29/7/2024

Structure: Lack Of (Weekly & Below).

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

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

Timeframe of FVG: 15M.

Timeframe of Displacement: Internal.

Supplementary Confluences: N/A.

Initiation Liquidity: 1H Swing Lows.

14/11/2023

Structure: Lack Of (Weekly & Below).

Result: Only the first bullish confluence was sought & ( - 1.00 R-Multiple).

Confluences: A 15M bullish FVG beneath a bullish 1H WG & IRT inverse FVG, and within a bullish 15M ERT inverse FVG.

Close of Candle:

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

Timeframe of Displacement:

  • 1H WG & IRT Inverse FVG: Internal.
  • 15M ERT Inverse FVG: External.

Probable Confluences: 1/2.

  • 15M ERT Inverse FVG.

Improbable Confluences: 1/2.

  • 1H WG & IRT Inverse FVG.

Undefined Confluences:

Supplementary Confluences: N/A.

Initiation Liquidity: 1H Swing Highs.