Market Frequency - Kite Analysis - EurJpy H1 - Short
Analysis
- Black: D1 long fork (between the median line and the lower parallel)
- Red: H4 short fork (median line) and previous week's levels
- Orange: H1 short fork (median line) and previous day's levels
- Yellow: m15 short fork broken
Next move
- Purple: H1 trendlines
- Blue: H1 levels to be retested
- Short correction and long trend. If the H1 fork falls, it is long.
- Black: D1 long fork (between the median line and the lower parallel)
- Red: H4 short fork (median line) and previous week's levels
- Orange: H1 short fork (median line) and previous day's levels
- Yellow: m15 short fork broken
Next move
- Purple: H1 trendlines
- Blue: H1 levels to be retested
- Short correction and long trend. If the H1 fork falls, it is long.