This is a great example how we are able to capture the price action by simply choosing a different low for the origin handle in order to see if the price action is respecting the parallels. In this example the 1st clue was the 50% upper fork level followed by a nice bounce off the .The next BIG clue was the direct hit off the upper parallel followed by two touches off the quartiles (25% levels). Now that we have scoped the price action it much easier to interpret the future direction of price. The biggest clue being the ZOOM bar through the followed by the textbook kickback before continuing south.
Note how well the first mini fork is capturing this massive sell off
Your analysis is sound, I expect the Kiwi to pull-up to better reflect it's earlier trajectory with the smaller pitchfork and then continue down, With the bottom large parallel as target the price range is taken from the from the intersections from one extreme warning line to its opposite. Obviously we can narrow the target the closer we get, as well as the timing, The midpoint being around middle of 2016. Hope that makes sense. From my readings, Andrews used to take shorts off this style of fork, the minor pullbacks to either the ML, MLH & WL"s as to ride and get on strong downward trends.