Weak Confluences Prior To Objective
CONCLUSIONS:
- OVERALL: 33% (2:4) & 3.41 R-Multiple.
- Overall: 33% (2:4) & 3.41 R-Multiple.
- Overall:
- Probable Singular Confluence: 40% (2:3) & 3.41 R-Multiple.
- Probable Singular Confluence: 40% (2:3) & 3.41 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: 0% (0:1) & - 1.00 R-Multiple.
- Majority Probable Conglomerate: 0% (0:1) & - 1.00 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:
- Evenly Distributed Conglomerate:
- Evenly Distributed Conglomerate:
_______________________________________________________________________________
- 15M IRT FVG: 0% (0:1) & - 1.00 R-Multiple.
- 15M WG Inverse FVG: 50% (1:1) & 3.67 R-Multiple.
- 15M ERT Inverse FVG: 100% (1:0) & 1.74 R-Multiple.
- 15M WG & ERT Inverse FVG: 0% (0:1) & - 1.00 R-Multiple.
SUPPORTS
TOTALS: 2 & 6.41 R-Multiple.
15/5/2024
Structure: Lack Of (Weekly & Below).
Result: 4H bullish FVG was sought & (1.74 R-Multiple).
Confluences: 4H bullish FVG within a 15M ERT bullish inverse FVG.
Timeframe of FVG: 15M.
Timeframe of Displacement: External.
Supplementary Confluences: Conglomerate.
Initiation Liquidity: 15M swing Highs.
5/4/2024
Structure: Lack Of (Weekly & Below).
Result: The bearish confluence was sought & (4.67 R-Multiple).
Confluences: A 15M bearish FVG above a 15M WG bearish inverse FVG.
Close of Candle: Greater Than.
Timeframe of FVG: 15M.
Supplementary Confluences: Conglomerate.
Initiation Liquidity: 15M swing Lows.
DISPROVES
TOTALS: 4 & - 4.00 R-Multiple.
5/6/2024
Structure: Lack Of (Weekly & Below).
Result: The bullish confluence was not sought & ( - 1.00 R-Multiple).
Confluences: A 1H bullish inverse FVG within a 15M IRT bullish FVG.
Timeframe of FVG: 15M.
Timeframe of Displacement: Internal.
Supplementary Confluences: Conglomerate.
Initiation Liquidity: 15M Swing Highs.
25/4/2024
Structure: Lack Of (Weekly & Below).
Result: The second bullish confluence (30M IRT inverse FVG) was sought & ( - 1.00 R-Multiple).
Confluences: A 15M bullish FVG within a 15M IRT bullish inverse FVG and a 30M IRT bullish inverse FVG.
Close of Candle:
Timeframe of Displacement:
- 15M IRT Inverse FVG: Internal.
- 30M IRT Inverse FVG: Internal.
Probable Confluences: 2/2.
- 15M IRT Inverse FVG.
- 30M IRT Inverse FVG.
Improbable Confluences:
Undefined Confluences:
Supplementary Confluences: Conglomerate.
Initiation Liquidity: 15M Swing Highs.
8/11/2023
Structure: Lack Of (Weekly & Below).
Result: No bearish confluences were sought & ( - 1.00 R-Multiple).
Confluences: 15M swing highs above a 15M WG bearish inverse FVG.
Close of Candle: Greater Than.
Timeframe of FVG: 15M.
Supplementary Confluences: Conglomerate.
Initiation Liquidity: 15M Swing Lows.
24/9/2025
Structure: Lack Of (Weekly & Below).
Result: A valid confluence was generated after entry and was sought & ( - 1.00 R-Multiple).
Confluences: A 30M bearish FVG (after a 15M bearish inverse FVG) above a 15M WG & ERT bearish inverse FVG.
Close of Candle: Greater Than.
Timeframe of FVG: 15M.
Timeframe of Displacement: External.
Supplementary Confluences: Conglomerate.
Initiation Liquidity: 15M Swing Lows.
