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The Double Top pattern has been formed on #MCD H1. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 276.46 is broken, the downward movement will continue.

The Double Top reversal pattern has been formed on #MCD M15. Characteristics: the upper boundary 285.31; the lower boundary 276.46; the width of the pattern is 870 points. Sell trades are better to be opened below the lower boundary 276.46 with a possible movements towards the 276.23 level.

On the chart of #MCD M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 285.16; the lower boundary 276.46; the width of the pattern 870 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 276.16 level.

The Double Bottom pattern has been formed on #MCD M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 279.62 is broken. The further movements will rely on the width of the current pattern 316 points.

The Double Top reversal pattern has been formed on #MCD M5. Characteristics: the upper boundary 285.27; the lower boundary 284.21; the width of the pattern is 110 points. Sell trades are better to be opened below the lower boundary 284.21 with a possible movements towards the 284.06 level.