FX.co ★ #MCD M5: Triple Bottom

The Triple Bottom pattern has formed on the chart of #MCD M5. Features of the pattern: The lower line of the pattern has coordinates 285.56 with the upper limit 285.56/285.36, the projection of the width is 75 points. The formation of the Triple Bottom pattern most likely indicates a change in the trend from downward to upward. This means that in the event of a breakdown of the resistance level 284.81, the price is most likely to continue the upward movement.