
The Double Bottom pattern has been formed on #MCD M5; the upper boundary is 293.45; the lower boundary is 292.41. The width of the pattern is 102 points. In case of a break of the upper boundary 293.45, 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.
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