Market Frequency - Kite Analysis - CadJpy H1 - Neutral base
Analysis
- Black: D1 long fork (between the median and the upper parallel)
- Red: There is no valid H4 fork. Previous week's levels.
- Orange: There is no valid H1 fork. Previous day's levels.
Next move
- Purple: H1 trendlines
- Blue: H1 levels to be retested
- There is a neutral base but CadJpy falls on daily, weekly and monthly charts.
- Black: D1 long fork (between the median and the upper parallel)
- Red: There is no valid H4 fork. Previous week's levels.
- Orange: There is no valid H1 fork. Previous day's levels.
Next move
- Purple: H1 trendlines
- Blue: H1 levels to be retested
- There is a neutral base but CadJpy falls on daily, weekly and monthly charts.