Market Frequency - Kite Analysis - CadJpy H1 - Long
Analysis
- Black: D1 long fork (between the median and the upper parallel)
- Red: H4 long forks (upper parallel) and previous week's levels
- Orange: H1 long fork (upper parallel) and previous day's levels
Next move
- Purple: H1 trendlines
- Blue: H1 levels to be retested
- Correction and long. If the hourly long fork falls, it is short.
- Black: D1 long fork (between the median and the upper parallel)
- Red: H4 long forks (upper parallel) and previous week's levels
- Orange: H1 long fork (upper parallel) and previous day's levels
Next move
- Purple: H1 trendlines
- Blue: H1 levels to be retested
- Correction and long. If the hourly long fork falls, it is short.