Hello friends,
As you can see CND had been in a downtrend for some weeks, now it is in accumulation phase. Following Wyckoff logic, we have all the evidence to see that an uptrend will come when the accumulation phase ends. We should break the top of the accumulation channel with high volume.
Market phases by Wyckoff: gyazo.com/0088b9dc80...fd180d11f0ba6b39a482
- THIS IS NOT FINANCIAL ADVICE -
As you can see CND had been in a downtrend for some weeks, now it is in accumulation phase. Following Wyckoff logic, we have all the evidence to see that an uptrend will come when the accumulation phase ends. We should break the top of the accumulation channel with high volume.
Market phases by Wyckoff: gyazo.com/0088b9dc80...fd180d11f0ba6b39a482
- THIS IS NOT FINANCIAL ADVICE -