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 69.15/69.25 and upper border is 69.38/69.25. The pattern width is measured on the chart at -23 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 69.10.