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