FX.co ★ Actual patterns. Technical analysis and trading recommendations
Actual patterns
Triple Top
The Triple Top reversal pattern has formed on the #KO M5 chart. Its upper boundary is at 89.12/89.22, its lower boundary is at 88.60/88.84, and its current width is 28 points. If the confirmation support at 88.60 is broken, that width can be used to project the downward move.
Bearish Rectangle
The Bearish Rectangle has formed on the #KO M30 chart. This is a trend continuation pattern bounded by the lower boundary at 88.95–88.95 and the upper boundary at 90.03–90.03. A breakout below the lower boundary is likely to signal a continuation of the downtrend.
Bearish Rectangle
The Bearish Rectangle has formed on the #KO M15 chart and indicates a likely continuation of the trend. Its resistance zone is at 90.03–90.03 and its support zone is at 88.95–88.95. A break below support at 88.95 is likely to signal a continuation of the bearish trend.
Bearish Rectangle
The Bearish Rectangle has formed on the #KO M30 chart. This is a trend continuation pattern bounded by the lower boundary at 88.95–88.95 and the upper boundary at 90.03–90.03. A breakout below the lower boundary is likely to signal a continuation of the downtrend.
Bearish Rectangle
The Bearish Rectangle has formed on the #KO M15 chart. This is a trend continuation pattern bounded by the lower boundary at 88.95–88.95 and the upper boundary at 90.03–90.03. A breakout below the lower boundary is likely to signal a continuation of the downtrend.