KO is now in the A-B-C Corrective Phase. Impulsive B wave can be a triangle, which was so in case of KO.
KO has lost the support around 58 level.
C corrective wave is usually inverse 161.8% of B wave, which is about 50 for KO.
KO has lost the support around 58 level.
C corrective wave is usually inverse 161.8% of B wave, which is about 50 for KO.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.