FX.co ★ #MCD M5: Triple Bottom

The Triple Bottom pattern has formed on the chart of #MCD M5. Features of the pattern: The lower line of the pattern has coordinates 267.36 with the upper limit 267.36/266.72, the projection of the width is 128 points. The formation of the Triple Bottom pattern most likely indicates a change in the trend from downward to upward. This means that in the event of a breakdown of the resistance level 266.08, the price is most likely to continue the upward movement.