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

The Bullish Pennant pattern has formed on the #KO M30 chart. This is a continuation pattern. If the price closes above the pennant high at 88.95, the uptrend is likely to continue.

The Bullish Pennant pattern has formed on the #KO M5 chart. This is a trend continuation pattern. If the price breaks above the pattern high at 88.60, the uptrend is expected to continue toward 88.75.

The Triple Top reversal pattern has formed on the #KO M15 chart. Its upper boundary is at 87.74/87.68, its lower boundary is at 87.26/87.41, and its current width is 29 points. If the confirmation support at 87.26 is broken, that width can be used to project the downward move.

The Double Top reversal pattern has formed on the #KO M15 chart. Its upper boundary is at 87.74, its lower boundary is at 87.26, and its width is 44 points. A short position may be considered below the lower boundary at 87.26, with a potential target at 87.04.

The Bearish Rectangle has formed on the #KO M15 chart. This is a trend continuation pattern bounded by the lower boundary at 86.63–86.63 and the upper boundary at 87.13–87.13. A breakout below the lower boundary is likely to signal a continuation of the downtrend.