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MarketFrequency

Market Frequency - Kite Analysis - AudJpy H1 - Long

Long
Australian Dollar / Japanese Yen (FX:AUDJPY)  
MarketFrequency  
FX:AUDJPY   Australian Dollar / Japanese Yen
Pitchforks marketfrequency kiteanalysis medianline Andrew's Pitchfork
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pitchfork marketfrequency kiteanalysis medianline andrewspitchfork
Analysis
- Black: D1 trend long fork (median line)
- Red: H4 long fork (upper parallel) and previous week's levels
- Orange: H1 short fork (near the median line) and previous day's levels

Next move
- Purple: H1 trendlines,
- Blue: H1 levels to be retested
- Short correction and long trend. The rising move, after a false breakout, can widen. If it breaks, the trend is short.
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