FX.co ★ #MCD M5: Double Bottom

The Double Bottom pattern has been formed on #MCD M5; the upper boundary is 301.99; the lower boundary is 301.39. The width of the pattern is 55 points. In case of a break of the upper boundary 301.99, a change in the trend can be predicted where the width of the pattern will coincide with the distance to a possible take profit level.