FX.co ★ Modèles réels. Analyse technique et recommandations de trading
Modèles réels
Triple Top
The Triple Top pattern has formed on the chart of the #MCD M30. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 314.80/316.18 with the upper limit 319.49/319.58; the projection of the width is 469 points. The formation of the Triple Top figure most likely indicates a change in the trend from upward to downward. This means that in the event of a breakdown of the support level of 314.80, the price is most likely to continue the downward movement.
Triple Top
The Triple Top pattern has formed on the chart of the #MCD M15 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level -33, support level -14, and pattern’s width 469. Forecast If the price breaks through the support level 314.80, it is likely to move further down to 319.74.
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Double Top
The Double Top reversal pattern has been formed on #MCD M5. Characteristics: the upper boundary 319.97; the lower boundary 314.94; the width of the pattern is 488 points. Sell trades are better to be opened below the lower boundary 314.94 with a possible movements towards the 314.79 level.
Bullish Rectangle
According to the chart of M5, #MCD formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 319.97, the lower border is 314.80. The signal means that a long position should be opened above the upper border 319.97 of the Bullish Rectangle.
Bullish Rectangle
According to the chart of M15, #MCD formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 319.97, the lower border is 314.80. The signal means that a long position should be opened above the upper border 319.97 of the Bullish Rectangle.