FX.co ★ #MCD M5: Bearish Symmetrical Triangle

The Bearish Symmetrical Triangle pattern has formed on the #MCD M5 chart. Its lower boundary passes through 246.63/247.54, while its upper boundary passes through 248.74/247.54. The pattern width is 211 points. The Bearish Symmetrical Triangle indicates a likely continuation of the downtrend. If #MCD breaks below the lower boundary, the price could move toward 247.39.