FX.co ★ #MCD M30: Bearish Pennant

The Bearish Pennant pattern has formed on the #MCD M30 chart and signals a potential continuation of the existing trend. The pattern low is at 264.22, and the projected flagpole height is 346 points. If the price breaks below the pattern low at 264.22, the downtrend is expected to continue toward 263.92.