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