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MarketFrequency
Jul 16, 2023 11:30 AM

Market Frequency - Kite Analysis - EurJpy H1 - Long Long

Euro Fx/Japanese YenFXCM

Description

Analysis
- Black: D1 long fork (median line)
- Red: H4 short fork (over the upper parallel) and previous week's levels
- Orange: H1 long fork (median line) and 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. The larger time frame fork, can pull back the price.
Comments
Nick_R24
what method of technical analysis is this one?
MarketFrequency
@Nick_R24, Median Line with Andrews Pitchfork tool.
Nick_R24
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