Market Frequency - Kite Analysis - AudJpy H1 - Short
Analysis
- Black: D1 trend long fork (between the median line and the lower parallel)
- Red: H4 short fork (upper parallel). Previous week's levels.
- Orange: There is no H1 fork. Previous day's levels.
- Institutional investors are leaving the market.
Next move
- Purple: H1 trendlines
- Blue: H1 levels to be retested
- Long correction, short trend. If the H4 fork falls, it is long. The range market has a great chance.
- Black: D1 trend long fork (between the median line and the lower parallel)
- Red: H4 short fork (upper parallel). Previous week's levels.
- Orange: There is no H1 fork. Previous day's levels.
- Institutional investors are leaving the market.
Next move
- Purple: H1 trendlines
- Blue: H1 levels to be retested
- Long correction, short trend. If the H4 fork falls, it is long. The range market has a great chance.