Market Frequency - Kite Analysis - CadJpy H1 - Long
Analysis
- Black: D1 long fork (near the upper parallel)
- Red: H4 long fork (near the median) and previous week's levels
- Orange: There is no H1 fork and double bottoms
- Yellow: m15 long fork (upper parallel)
Next move
- Purple: H1 trendlines, target price is the top of the H1 and H4 fork
- Blue: H1 levels to be retested (If the m15 fork falls)
- Black: D1 long fork (near the upper parallel)
- Red: H4 long fork (near the median) and previous week's levels
- Orange: There is no H1 fork and double bottoms
- Yellow: m15 long fork (upper parallel)
Next move
- Purple: H1 trendlines, target price is the top of the H1 and H4 fork
- Blue: H1 levels to be retested (If the m15 fork falls)