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The Bearish Rectangle has formed on the #KO M30 chart. This is a trend continuation pattern bounded by the lower boundary at 88.95–88.95 and the upper boundary at 90.03–90.03. A breakout below the lower boundary is likely to signal a continuation of the downtrend. FX.co ★ #KO M30: Bearish Rectangle
Signal strength 3 of 5
#KO M30: Bearish Rectangle
The Bearish Rectangle has formed on the #KO M30 chart. This is a trend continuation pattern bounded by the lower boundary at 88.95–88.95 and the upper boundary at 90.03–90.03. A breakout below the lower boundary is likely to signal a continuation of the downtrend. *The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade