Weak Confluences Prior To Objective

CONCLUSIONS:

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SUPPORTS

TOTALS:

DISPROVES

TOTALS: 2 & - 2.00 R-Multiple.

14/11/2024

Structure: Lack Of (Weekly & Below).

Result: The valid bearish confluence was not sought & ( - 1.00 R-Multiple).

Confluences: 15M LRBL above a bearish; 30M WG & IRT inverse FVG and 15M ERT inverse FVG at the same level.

Close of Candle:

  • 30M WG & IRT Inverse FVG: Greater Than.

Timeframe of Displacement:

  • 30M WG & IRT Inverse FVG: Internal.
  • 15M ERT Inverse FVG: External.

Probable Confluences: 1/2.

  • 15M ERT Inverse FVG.

Improbable Confluences:

Undefined Confluences: 1/2.

  • 30M WG & IRT Inverse FVG.

Supplementary Confluences: FVG’s.

Initiation: 15M Swing Lows.

6/6/2025

Structure: Lack Of (Weekly & Below).

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

Confluences: A 15M bearish FVG within a bearish; 4H WDT & ERT FVG and above a bearish; 15M ERT inverse FVG.

Close of Candle:

  • 4H WDT & ERT FVG: Greater Than.

Timeframe of Displacement:

  • 4H WDT & ERT FVG: External.
  • 15M ERT Inverse FVG: External.

Probable Confluences: 2/2.

  • 4H WDT & ERT FVG.
  • 15M ERT Inverse FVG.

Improbable Confluences:

Undefined Confluences:

Supplementary Confluences: FVG’s.

Initiation Liquidity: 15M Swing Lows.