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.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.