FX.co ★ Actual patterns. Technical analysis and trading recommendations

The Bearish Pennant pattern has formed on the #KO H1 chart. It represents a brief consolidation before the price potentially resumes the prevailing trend. A short position may be considered if the price closes below the pattern low at 86.87.

The Double Bottom pattern has formed on the #KO M15 chart. Its support is at 86.67, its resistance is at 87.10, and its width is 43 points. A break above resistance may confirm a trend reversal, with the first target projected 41 points away.

The Double Bottom pattern has formed on the #KO M15 chart. Its support is at 86.90, its resistance is at 87.35, and its width is 45 points. A break above resistance may confirm a trend reversal, with the first target projected 46 points away.

The Double Bottom pattern has formed on the #KO M5 chart. Its upper boundary is at 87.35, its lower boundary is at 86.89, and its width is 45 points. A break above the upper boundary at 87.35 may confirm a trend reversal, with the pattern width defining the projected distance to a potential Take Profit level.

The Bearish Pennant pattern has formed on the #KO M30 chart. It represents a brief consolidation before the price potentially resumes the prevailing trend. A short position may be considered if the price closes below the pattern low at 86.76.