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VolumeDayTrader

CADJPY - Buy signal, very strong accumulation

Long
Canadian Dollar / Japanese Yen (FX:CADJPY)  
VolumeDayTrader Updated   
FX:CADJPY   Canadian Dollar / Japanese Yen
Trend Analysis Technical Indicators Wave Analysis trendtrading priceaction volumeanalysis
3
0
trendanalysis indicator waveanalysis trendtrading priceaction volumeanalysis
Very strong accumulations in the background on CADJPY
SL - under Fake Breakdown
indicator used in this analysis: Wyckoff Wave Chart
Wyckoff Methodology


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Trade closed: target reached:
Very typical accumulation setup and very clear information comes from Wyckoff Wave Chart. Those up wave 449, 254, ,155 was really strong in this range. Additionally false brake down and quick pull back to the range is typical market behave for those who study charts according Wyckoff Methodology
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