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

The Double Top pattern has been formed on #KO M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 80.71 is broken, the downward movement will continue.

The Bullish pennant graphic pattern has formed on the #KO M30 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks out high, is expected to continue the upward trend to level 82.96.

The Double Bottom pattern has been formed on #KO M30; the upper boundary is 78.76; the lower boundary is 77.73. The width of the pattern is 103 points. In case of a break of the upper boundary 78.76, a change in the trend can be predicted where the width of the pattern will coincide with the distance to a possible take profit level.

The Double Bottom pattern has been formed on #KO M15; the upper boundary is 78.76; the lower boundary is 77.73. The width of the pattern is 103 points. In case of a break of the upper boundary 78.76, a change in the trend can be predicted where the width of the pattern will coincide with the distance to a possible take profit level.

The Triple Bottom pattern has formed on the chart of #KO M5. Features of the pattern: The lower line of the pattern has coordinates 79.09 with the upper limit 79.09/78.53, the projection of the width is 73 points. The formation of the Triple Bottom pattern most likely indicates a change in the trend from downward to upward. This means that in the event of a breakdown of the resistance level 78.36, the price is most likely to continue the upward movement.