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was formed on 27.05 at 19:17:50 (UTC+0)
signal strength 1 of 5
Bearish Rectangle #KO M5

According to the chart of M5, #KO formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 71.56 – 71.56 and upper border 71.78 – 71.78. In case the lower border is broken, the instrument is likely to follow the downward trend.

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

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Figure
Instrument
Timeframe
Trend
Signal Strength
 
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