Bearish Symmetrical Triangle
was formed on 13.05 at 21:54:58 (UTC+0)
signal strength 2 of 5
According to the chart of M15, #KO formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 68.87/69.09 and upper border is 69.25/69.09. The pattern width is measured on the chart at -38 pips. The formation of the Bearish Symmetrical Triangle pattern evidently signals a continuation of the downward trend. In other words, if the scenario comes true and #KO breaches the lower border, the price could continue its move toward 68.86.
The M5 and M15 time frames may have more false entry points.
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Instrument
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