Market Frequency - Kite Analysis - CadJpy H1 - Short
Analysis
- Black: D1 long fork (between the median and the upper parallel)
- Red: H4 short strait fork (over the upper parallel). Previous week's levels.
- Orange: H1 short fork (over the upper parallel). 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 H1 fork falls, it is long. The range market has a great chance.
- Black: D1 long fork (between the median and the upper parallel)
- Red: H4 short strait fork (over the upper parallel). Previous week's levels.
- Orange: H1 short fork (over the upper parallel). 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 H1 fork falls, it is long. The range market has a great chance.
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