Asset and Time frame -KO,4H Entry Price -50.62 Exit(Stop Loss) -50.08 Exit(Take Profit) -55.15 Technical Analysis -Price is inside a daily confirmed ascending channel, the price reached the bottom of the tunnel and reacted with a small hammer pattern, price action reacted to the -61.8 Fibonacci level with an outside bullish candle and high We use cookies to personalize content, manage online chat system and to analyse our traffic. We also share information about your use of our site with our analytics and chat service partners, who may combine it with other information that you’ve provided to them or that they’ve collected from your use of their services. Jan 05, 2021 · Candlestick charts are used by traders to determine possible price movement based on past patterns. Candlesticks are useful when trading as they show four price points (open, close, high, and low)