was formed on 06.05 at 17:58:49 (UTC+0)
signal strength 2 of 5
signal strength 2 of 5
According to the chart of M15, #KO formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 71.18/71.52 whereas the upper border goes across 71.78/71.52. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of #KO will breach the upper border to head for 71.75.
The M5 and M15 time frames may have more false entry points.
Figure
Instrument
Timeframe
Trend
Signal Strength
