The Bearish Pennant pattern has formed on the #MCD M30 chart. It represents a brief consolidation before the price potentially resumes the prevailing trend. A short position may be considered if the price closes below the pattern low at 255.62. FX.co ★ #MCD M30: Bearish Pennant
Signal strength 3 of 5
#MCD M30: Bearish Pennant
The Bearish Pennant pattern has formed on the #MCD M30 chart. It represents a brief consolidation before the price potentially resumes the prevailing trend. A short position may be considered if the price closes below the pattern low at 255.62. *The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade