FX.co ★ #KO M5: Triple Bottom

The Triple Bottom pattern has formed on the chart of #KO M5. The lower boundary is at 88.42, while the upper boundary is at 88.77/88.64. The projected width is 35 points. The formation of the Triple Bottom pattern most likely indicates a change from a downward to an upward trend. If the confirmation resistance at 88.77 is broken, the price is likely to continue upward.