The technical pattern called Head and Shoulders has appeared on the chart of #KO H1. There are weighty reasons to suggest that the price will surpass the Neckline 70.23/70.04 after the right shoulder has been formed. So, the trend is set to change with the price heading for 69.64. FX.co ★ #KO H1: Head and Shoulders
Signal strength 4 of 5
#KO H1: Head and Shoulders
The technical pattern called Head and Shoulders has appeared on the chart of #KO H1. There are weighty reasons to suggest that the price will surpass the Neckline 70.23/70.04 after the right shoulder has been formed. So, the trend is set to change with the price heading for 69.64. *The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade