Market Frequency - Kite Analysis - CadJpy H1 - Long
Analysis
- Black: D1 long fork (between the median and the upper parallel)
- Red: There is no valid H4 fork yet -red short trendline maybe. Previous week's levels.
- Orange: H1 long fork (median line). Previous day's levels.
Next move
- Purple: H1 trendlines
- Blue: H1 levels to be retested
- Short correction, long trend. If the H1 fork falls, it is short.
- Black: D1 long fork (between the median and the upper parallel)
- Red: There is no valid H4 fork yet -red short trendline maybe. Previous week's levels.
- Orange: H1 long fork (median line). Previous day's levels.
Next move
- Purple: H1 trendlines
- Blue: H1 levels to be retested
- Short correction, long trend. If the H1 fork falls, it is short.