Actual patterns

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Actual patterns

Bearish Rectangle

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was formed on 21.03 at 18:55:39 (UTC+0)
signal strength 1 of 5

According to the chart of M5, #KO formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 68.83 - 0.00 and support 68.57 – 68.57. In case the resistance level 68.57 - 68.57 is broken, the instrument is likely to follow the bearish trend.

The M5 and M15 time frames may have more false entry points.

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Instrument

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Trend

Signal Strength

Bearish Rectangle