FX.co ★ #KO M5: Bearish Symmetrical Triangle

According to the chart of M5, #KO formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 70.20/70.36 and upper border is 70.58/70.36. The pattern width is measured on the chart at -38 pips. The formation of the Bearish Symmetrical Triangle pattern evidently signals a continuation of the downward trend. In other words, if the scenario comes true and #KO breaches the lower border, the price could continue its move toward 70.21.