Market Frequency - Kite Analysis - US30 H1 - Long
Analysis
- Black: D1 long fork (between the median and the upper parallel)
- Red: H4 long fork (between the median and the lower parallel) and previous week's levels
- Orange: There is no H1 fork
Next move
- Purple: H1 trendlines
- Blue: H1 levels to be retested
I expect high volatility thrashing.
If the H4 long fork falls, it is short.
- Black: D1 long fork (between the median and the upper parallel)
- Red: H4 long fork (between the median and the lower parallel) and previous week's levels
- Orange: There is no H1 fork
Next move
- Purple: H1 trendlines
- Blue: H1 levels to be retested
I expect high volatility thrashing.
If the H4 long fork falls, it is short.