FX.co ★ #MCD D1: Double Bottom

The Double Bottom pattern has been formed on #MCD D1; the upper boundary is 285.31; the lower boundary is 271.84. The width of the pattern is 1331 points. In case of a break of the upper boundary 285.31, 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.