logo

FX.co ★ #MCD M5: Double Bottom

#MCD M5: Double Bottom

Double BottomThe Double Bottom pattern has been formed on #MCD M5. Characteristics: the support level 295.82; the resistance level 299.46; the width of the pattern 364 points. If the resistance level is broken, a change in the trend can be predicted with the first target point lying at the distance of 375 points.
The M5 and M15 time frames may have more false entry points.
*L'analyse de marché présentée est de nature informative et n'est pas une incitation à effectuer une transaction
Go to the patterns list Go to graph