FX.co ★ #MCD M5: Triple Top

The Triple Top pattern has formed on the chart of the #MCD M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 271.27/271.57 with the upper limit 272.08/272.07; the projection of the width is 81 points. The formation of the Triple Top figure most likely indicates a change in the trend from upward to downward. This means that in the event of a breakdown of the support level of 271.27, the price is most likely to continue the downward movement.