FX.co ★ #KO M5: Bearish Symmetrical Triangle

According to the chart of M5, #KO formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 80.02/80.64 and upper border is 81.55/80.64. The pattern width is measured on the chart at -153 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 80.49.