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FX.co ★ #MCD M5: Triple Bottom

#MCD M5: Triple Bottom

Triple BottomThe Triple Bottom pattern has been formed on #MCD M5. It has the following characteristics: resistance level 295.60/293.92; support level 293.29/292.74; the width is 231 points. In the event of a breakdown of the resistance level of 295.60, the price is likely to continue an upward movement at least to 292.92.
The M5 and M15 time frames may have more false entry points.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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