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FX.co ★ #MCD M15: Bullish Rectangle

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Technical Analysis Patterns

2026-10-16T19:45:51
Signal strength 2 of 5

#MCD M15: Bullish Rectangle

Bullish RectangleThe Bullish Rectangle has formed on the #MCD M15 chart and indicates a likely continuation of the trend. Its upper boundary is at 245.82 and its lower boundary is at 241.75. A long position may be considered after the price breaks above the upper boundary at 245.82 of the Bullish Rectangle.
The M5 and M15 time frames may generate more false entry signals.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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Other patterns by #MCD