The M5 and M15 time frames may have more false entry points.
FX.co ★ #MCD M5: Bearish pennant
Signal strength 1 of 5
#MCD M5: Bearish pennant
The Bearish pennant pattern has formed on the #MCD M5 chart. This pattern type is characterized by a slight slowdown after which the price will move in the direction of the original trend. In case the price fixes below the pattern’s low of 288.31, a trader will be able to successfully enter the sell position.
*L'analyse de marché présentée est de nature informative et n'est pas une incitation à effectuer une transaction