Market Frequency - Kite Analysis - EurJpy H1 - Neutral base
Analysis
- Black: D1 long fork (median line)
- Red: There is no H4 fork (near the upper parallel) and previous week's levels
- Orange: There is no H1 fork (over upper parallel) and previous day's levels
Next move
- There is no valid fork. Red arrows short trend (maybe new short fork), green arrows long trend
- Blue: H1 levels to be retested
- Black: D1 long fork (median line)
- Red: There is no H4 fork (near the upper parallel) and previous week's levels
- Orange: There is no H1 fork (over upper parallel) and previous day's levels
Next move
- There is no valid fork. Red arrows short trend (maybe new short fork), green arrows long trend
- Blue: H1 levels to be retested