was formed on 10.01 at 20:31:04 (UTC+0)
signal strength 1 of 5
signal strength 1 of 5
According to the chart of M5, #KO formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 60.93 - 0.00 and support 60.71 – 60.71. In case the resistance level 60.71 - 60.71 is broken, the instrument is likely to follow the bearish trend.
The M5 and M15 time frames may have more false entry points.
Figure
Instrument
Timeframe
Trend
Signal Strength
