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The Bearish Pennant pattern has formed on the #KO M30 chart. It represents a brief consolidation before the price potentially resumes the prevailing trend. A short position may be considered if the price closes below the pattern low at 86.76. FX.co ★ #KO M30: Bearish Pennant
Signal strength 3 of 5
#KO M30: Bearish Pennant
The Bearish Pennant pattern has formed on the #KO M30 chart. It represents a brief consolidation before the price potentially resumes the prevailing trend. A short position may be considered if the price closes below the pattern low at 86.76. *The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade