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.
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.