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

The Inverse Head and Shoulders pattern has formed on the #MCD M15 chart. A break above the higher of the neckline anchors at 232.74/232.81 may confirm the bullish reversal.

The Bearish Flag pattern has formed on the #MCD M15 chart, indicating that the downtrend may continue in the near term. A short position may be considered after the price breaks below the pattern low at 233.95.

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.

The Bearish Flag pattern has formed on the #MCD M15 chart, signaling a likely continuation of the downtrend. If the price breaks below the pattern low at 233.95, it is likely to move further downward. The projected move corresponds to the flagpole height of 149 points.

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.