Market Frequency - Kite Analysis - US30 H1 - Long
Analysis
- Black: D1 long fork (between the lower parallel and the upper parallel).
- Red: H4 long fork (upper parallel). Pevious week's levels.
- Orange: H1 long fork (between the lower and the sliding parallel). Pevious day's levels.
- Yellow: m15 long fork (over the lower parallel).
Next move
- Purple: H1 trendlines
- Blue: H1 levels to be retested
- Short correction, long trend. If the H1 fork breaks it is short. Target is the median line of the H4 long fork.
- Black: D1 long fork (between the lower parallel and the upper parallel).
- Red: H4 long fork (upper parallel). Pevious week's levels.
- Orange: H1 long fork (between the lower and the sliding parallel). Pevious day's levels.
- Yellow: m15 long fork (over the lower parallel).
Next move
- Purple: H1 trendlines
- Blue: H1 levels to be retested
- Short correction, long trend. If the H1 fork breaks it is short. Target is the median line of the H4 long fork.