Market Frequency - Kite Analysis - EurJpy H1 - Long
Analysis
- Black: D1 long fork (upper parallel)
- Red: H4 long fork (near the upper parallel) and previous week's levels
- Orange: H1 long forks (median line) and previous day's levels
Next move
- Purple: H1 trendlines
- Blue: H1 levels to be retested
- Correction and long. If the hourly long fork falls, it is short.
- Black: D1 long fork (upper parallel)
- Red: H4 long fork (near the upper parallel) and previous week's levels
- Orange: H1 long forks (median line) and previous day's levels
Next move
- Purple: H1 trendlines
- Blue: H1 levels to be retested
- Correction and long. If the hourly long fork falls, it is short.
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