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MarketFrequency
Jul 29, 2023 1:17 PM

Market Frequency - Kite Analysis - UsdJpy H1 - Short Short

U.S. Dollar/Japanese YenFXCM

Description

Analysis
- Black: D1 long fork (between the median line and the upper parallel)
- Red: There is no H4 fork. Previous week's levels
- Orange: H1 short fork (over the lower parallel). Previous day's levels.
- Institutional investors are leaving the market.

Next move
- Purple: H1 trendlines
- Blue: H1 levels to be retested
- Long correction and short trend. If the H1 fork breaks, it is long. The range market has a great chance.
Comments
TheFxAce
Your sell setup is a great example. How frequently do you revise your trading strategy?
MarketFrequency
@TheFxAce, I tune the tactics every 6-12 months.
JoeChampion
Good job, keep it up!
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