Je-Ne-Rik

Je-Ne-Rik

Price has broken a previously respected trendline and after the bearish momentum there is an anticipation of a retracement together with continued bearish momentum before the upward trend continuation.

Je-Ne-Rik

Price has not retested after the break. Anticipating price to retrace after the bearish move and continue bearish until it reaches an area of significance for the entry towards the upward overall trend.

Je-Ne-Rik

Bearish Pennant Formation (Market Anticipation to the downside) Bearish Position Will be Confirmed by the break of the pattern structure. Sell Position To only be take after a confirmed retest at the break through point for this market.

Je-Ne-Rik

Bearish anticipation

Je-Ne-Rik

Bearish anticipation

Je-Ne-Rik

Bearish anticipation

Je-Ne-Rik

Bullish anticipation

Je-Ne-Rik

Bullish anticipation

Je-Ne-Rik

Anticipating A Bullish position

Je-Ne-Rik

RISING WEDGE FORMATION BEARISH REVERSAL TYPE PATTERN

Je-Ne-Rik

BULLISH REVERSAL TYPE PATTERN

Je-Ne-Rik

Bullish Reversal

Je-Ne-Rik

Bullish Reversal

Je-Ne-Rik

Bullish Reversal Resistance was broken and Support has been tested.