FX.co ★ #KO M5: Head and Shoulders

The #KO M5 formed the Head and Shoulders pattern with the following features: The Head’s top is at 62.69, the Neckline and the upward angle are at 62.59/62.59. The formation of this pattern can bring about changes in the current trend from bullish to bearish. In case the pattern triggers the expected changes, the price of #KO will go towards 62.44.