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CADJPY: Wyckoff Accumulation / Head & Sholders

Long
Canadian Dollar / Japanese Yen (FX:CADJPY)  
SteynTrade  
FX:CADJPY   Canadian Dollar / Japanese Yen
Trend Analysis Chart Patterns wyckoff accumulation markup
12
0
trendanalysis chartpattern wyckoff accumulation markup
The CAD has been showing signs of strength and has reached the end of the accumulation in Phase D. This accumulation pattern has followed the classical Head & Shoulders pattern. A break of the neckline should see a strong mark-up in Phase E.
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