Weak Confluences Prior To Objective
CONCLUSIONS:
- OVERALL: 67% (4:2) & 4.29 R-Multiple.
- Overall: 67% (4:2) & 4.29 R-Multiple.
- Overall:
- Probable Singular Confluence: 50% (1:1) & 0.74 R-Multiple.
- Probable Singular Confluence: 50% (1:1) & 0.74 R-Multiple.
- Probable Singular Confluence:
- Improbable Singular Confluence:
- Improbable Singular Confluence:
- Improbable Singular Confluence:
- Undefined Singular Confluence:
- Undefined Singular Confluence:
- Undefined Singular Confluence:
- Majority Probable Conglomerate: 100% (3:0) & 4.55 R-Multiple.
- Majority Probable Conglomerate: 100% (3:0) & 4.55 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: 0% (0:1) & - 1.00 R-Multiple.
- Evenly Distributed Conglomerate: 0% (0:1) & - 1.00 R-Multiple.
- Evenly Distributed Conglomerate:
_______________________________________________________________________________
- 15M WG Inverse FVG: 50% (1:1) & 0.74 R-Multiple.
SUPPORTS
TOTALS: 4 & 6.29 R-Multiple.
22/5/2024
Structure: Lack Of (Weekly & Below).
Result: The valid bullish confluence was sought & (2.88 R-Multiple).
Confluences: A 30M bullish FVG beneath a bullish; 15M WG inverse FVG and 30M WG 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.
- 15M WG Inverse FVG.
- 30M WG Inverse FVG.
Improbable Confluences:
Undefined Confluences:
Supplementary Confluences: Conglomerate.
Initiation Liquidity: 15M LRBL.
3/9/2025
Structure: Lack Of (Weekly & Below).
Result: The bullish confluence was sought & (1.74 R-Multiple).
Confluences: A 15M bullish inverse FVG beneath a 15M WG bullish inverse FVG.
Close of Candle: Greater Than.
Timeframe of FVG: 15M.
Supplementary Confluences: Conglomerate.
Initiation Liquidity: 15M LRBL.
2/7/2024
Structure: Lack Of (Weekly & Below).
Result: A valid confluence was generated prior to any weak confluences & then sought & (0.37 R-Multiple).
Confluences: 15M LRBL above a bearish; 30M IRT FVG, and within a bearish; 15M IRT inverse FVG.
Close of Candle:
Timeframe of Displacement:
- 30M IRT FVG: Internal.
- 15M IRT Inverse FVG: Internal.
Probable Confluences: 2/2.
- 30M IRT FVG.
- 15M IRT Inverse FVG.
Improbable Confluences:
Undefined Confluences:
Supplementary Confluences: Conglomerate.
Initiation: 15M LRSL.
8/1/2024
Structure: Lack Of (Weekly & Below).
Result: The valid bullish confluence was sought & (1.30 R-Multiple).
Confluences: A 1H bullish FVG within a bullish; 4H WG inverse FVG and 1H ERT inverse FVG at the same level.
Close of Candle:
- 4H WG Inverse FVG: Greater Than (1) & Greater Than (2).
Timeframe of Displacement:
- 1H ERT Inverse FVG: External.
Probable Confluences: 2/2.
- 4H WG Inverse FVG.
- 1H ERT Inverse FVG.
Improbable Confluences:
Undefnied Confluences:
Supplementary Confluences: Conglomerate.
Initiation Liquidity: 15M LRBL.
DISPROVES
TOTALS: 2 & - 2.00 R-Multiple.
23/5/2024
Structure: Lack Of (Weekly & Below).
Result: The second bearish confluence was sought & ( - 1.00 R-Multiple).
Confluences: A 15M bearish inverse FVG above a bearish; 15M ERT inverse FVG and 1H WG & IRT 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:
Undefined Confluences: 1/2.
- 1H WG & IRT Inverse FVG.
Supplementary Confluences: Conglomerate.
Initiation Liquidity: 15M LRSL.
18/9/2023
Structure: Lack Of (Weekly & Below).
Result: No further bearish confluences were sought & ( - 1.00 R-Multiple).
Confluences: A 15M bearish inverse FVG above a 15M WG bearish inverse FVG.
Close of Candle: Greater Than.
Timeframe of FVG: 15M.
Supplementary Confluences: Conglomerate.
Initiation Liquidity: 15M LRSL.
