Market Frequency - Kite Analysis - AudJpy H1 - Long
Analysis
- Black: D1 trend long fork (median line)
- Red: H4 long fork (upper parallel) and previous week's levels
- Orange: H1 short fork (upper parallel) and previous day's levels
Next move
- Purple: H1 trendlines
- Blue: H1 levels to be retested
- Target: H4 long fork median line. If fork H1 falls, then the target is the top of fork D1.
- Black: D1 trend long fork (median line)
- Red: H4 long fork (upper parallel) and previous week's levels
- Orange: H1 short fork (upper parallel) and previous day's levels
Next move
- Purple: H1 trendlines
- Blue: H1 levels to be retested
- Target: H4 long fork median line. If fork H1 falls, then the target is the top of fork D1.