logo

FX.co ★ #MCD M15: Triple Bottom

#MCD M15: Triple Bottom

Triple BottomThe Triple Bottom pattern has formed on the #MCD M15 chart. It has the following characteristics: resistance at 237.60; support at 235.35; pattern width of 225 points. If the confirmation resistance at 242.54 is broken, the price is likely to continue upward by at least 723 points.
The M5 and M15 time frames may generate more false entry signals.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
Go to the patterns list Go to graph