Actual patterns

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Patterns are graphical models which are formed in the chart by the price. According to one of the technical analysis postulates, history (price movement) repeats itself. It means that the price movements are often similar in the same situations which makes it possible to predict the further development of the situation with a high probability.

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Bullish Rectangle
was formed on 29.05 at 20:30:23 (UTC+0)
signal strength 4 of 5

According to the chart of H1, #KO formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 72.24 and support 70.45. In case the resistance level 72.24 - 72.24 is broken, the instrument is likely to follow the bullish trend.

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Actual Patterns