Market Frequency - Kite Analysis - EurJpy H1 - Long
Analysis
- Black: D1 long fork (between the median and the upper parallel).
A lateral, flat-like movement can be seen in the fork.
- Red: H4 long speculative fork (near the lowe parellel) and previous week's levels
- Orange: There is no H1 fork
- Yellow: m15 long fork (near the median)
Next move
- Purple: H1 trendlines, target price is the top of the H1 and H4 fork
- Blue: H1 levels to be retested
- Black: D1 long fork (between the median and the upper parallel).
A lateral, flat-like movement can be seen in the fork.
- Red: H4 long speculative fork (near the lowe parellel) and previous week's levels
- Orange: There is no H1 fork
- Yellow: m15 long fork (near the median)
Next move
- Purple: H1 trendlines, target price is the top of the H1 and H4 fork
- Blue: H1 levels to be retested