Weak Confluences Prior To Objective
CONCLUSIONS:
- OVERALL: 33% (1:2) & - 0.32 R-Multiple.
- Overall: 33% (1:2) & - 0.32 R-Multiple.
- Overall:
- Probable Singular Confluence: 33% (1:2) & - 0.32 R-Multiple.
- Probable Singular Confluence: 33% (1:2) & - 0.32 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:
- Majority Probable Conglomerate:
- 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 WG Inverse FVG: 100% (1:0) & 1.68 R-Multiple.
- 15M WDT & ERT FVG: 0% (0:1) & - 1.00 R-Multiple.
- 4H WDT & IRT FVG: 0% (0:1) & - 1.00 R-Multiple.
SUPPORTS
TOTALS: 1 & 1.68 R-Multiple.
20/8/2024
Structure: Lack Of (Weekly & Below).
Result: The valid bullish confluence was sought & (1.68 R-Multiple).
Confluences: A 15M bullish FVG within a 15M WG bullish inverse FVG.
Close of Candle: Greater Than.
Timeframe of FVG: 15M.
Supplementary Confluences: Conglomerate.
Initiation: 1H Swing Highs.
DISPROVES
TOTALS: 2 & - 2.00 R-Multiple.
26/6/2024
Structure: Lack Of (Weekly & Below).
Result: The valid confluence was not sought & ( - 1.00 R-Multiple).
Confluences: 15M LRBL within a bearish; 15M WDT & ERT FVG.
Close of Candle: Greater Than.
Timeframe of FVG: 15M.
Timeframe of Displacement: External.
Supplementary Confluences: Conglomerate.
Initiation: 1H Swing Lows.
19/4/2024
Structure: Lack Of (Weekly & Below).
Result: The valid bullish confluence was not sought & ( - 1.00 R-Multiple).
Confluences: A 15M bullish FVG within a 4H WDT & IRT bullish FVG.
Close of Candle: Greater Than.
Timeframe of FVG: 4H.
Timeframe of Displacement: Internal.
Supplementary Confluences: Conglomerate.
Initiation Liquidity: 1H Swing Highs.
