Market Frequency - Kite Analysis - UsdJpy H1 - Long
Analysis
- Black: D1 long fork (over the lower parallel)
- Red: H4 long fork (over the lower parallel). Previous week's levels
- Orange: H1 short fork (upper parallel). Previous day's levels
Next move
- Purple: H1 trendlines
- Blue: H1 levels to be retested
- Short correction and long trend. If the H1 fork breaks, it is long.
- Black: D1 long fork (over the lower parallel)
- Red: H4 long fork (over the lower parallel). Previous week's levels
- Orange: H1 short fork (upper parallel). Previous day's levels
Next move
- Purple: H1 trendlines
- Blue: H1 levels to be retested
- Short correction and long trend. If the H1 fork breaks, it is long.