Market Frequency - Kite Analysis - EurJpy H1 - Long
Analysis
- Black: D1 long fork (over the upper parallel)
- Red: There is no H4 fork. Previous week's levels
- Orange: H1 long fork (over the upper parallel). Previous day's levels
Next move
- Purple: H1 trendlines
- Blue: H1 levels to be retested
- Short correction and long trend. If the H1 fork falls, it is short.
- Black: D1 long fork (over the upper parallel)
- Red: There is no H4 fork. Previous week's levels
- Orange: H1 long fork (over the upper parallel). Previous day's levels
Next move
- Purple: H1 trendlines
- Blue: H1 levels to be retested
- Short correction and long trend. If the H1 fork falls, it is short.