#KO M5 Bearish Rectangle

According to the chart of M5, #KO formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 75.95 - 0.00 and support 75.50 – 75.50. In case the resistance level 75.50 - 75.50 is broken, the instrument is likely to follow the bearish trend.