FX.co ★ #KO M5: Bearish Rectangle

According to the chart of M5, #KO formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 77.01 – 77.01 and upper border 77.51 – 77.51. In case the lower border is broken, the instrument is likely to follow the downward trend.