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FX.co ★ #MCD M5: Double Top

#MCD M5: Double Top

Double TopThe Double Top reversal pattern has formed on the #MCD M5 chart. Its upper boundary is at 264.23, its lower boundary is at 262.72, and its width is 151 points. A break below the lower boundary is likely to confirm further downward movement toward 262.57.
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
Go to the patterns list Go to graph