The M5 and M15 time frames may have more false entry points.
FX.co ★ #KO M5: Bullish pennant
Signal strength 1 of 5
#KO M5: Bullish pennant
The Bullish pennant graphic pattern has formed on the #KO M5 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 69.96.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade