In the Region UK West region we have one single virtual machine VM2.
There is not anything to monitor here.
In the Region East US region we have two virtual machines VM1 & VM3, and App1.
We can monitor the connections: VM1-VM3, VM1-App1, VM3-App1.
Note: Connection Monitor includes the following entities:
Connection monitor resource: A region-specific Azure resource. All the following entities are properties of a connection monitor resource.
Endpoint: A source or destination that participates in connectivity checks. Examples of endpoints include Azure VMs, on-premises agents, URLs, and IP addresses.
Reference:
https://docs.microsoft.com/en-us/azure/network-watcher/connection-monitor-overview