FX.co ★ #MCD M15: Bearish Pennant

The Bearish Pennant pattern has formed on the #MCD M15 chart and signals a potential continuation of the existing trend. The pattern low is at 233.95, and the projected flagpole height is 149 points. If the price breaks below the pattern low at 233.95, the downtrend is expected to continue toward 233.73.