FX.co ★ Actual patterns. Technical analysis and trading recommendations

The Triple Top reversal pattern has formed on the #MCD M5 chart. Its upper boundary is at 270.96/271.00, its lower boundary is at 270.32/270.43, and its current width is 50 points. If the confirmation support at 270.32 is broken, that width can be used to project the downward move.

The Double Top reversal pattern has formed on the #MCD M5 chart. Its upper boundary is at 270.93, its lower boundary is at 270.32, and its width is 61 points. A break below the lower boundary is likely to confirm further downward movement toward 270.17.

The Double Top reversal pattern has formed on the #MCD M5 chart. Its upper boundary is at 270.92, its lower boundary is at 268.13, and its width is 283 points. A short position may be considered below the lower boundary at 268.13, with a potential target at 267.98.

The Triple Bottom pattern has formed on the #MCD M5 chart. It has the following characteristics: resistance at 267.14; support at 266.27; pattern width of 87 points. If the confirmation resistance at 267.44 is broken, the price is likely to continue upward by at least 100 points.

The Triple Bottom pattern has formed on the chart of #MCD M5. The lower boundary is at 272.17, while the upper boundary is at 273.22/272.94. The projected width is 77 points. The formation of the Triple Bottom pattern most likely indicates a change from a downward to an upward trend. If the confirmation resistance at 273.22 is broken, the price is likely to continue upward.