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Bearish pennant
was formed on 19.02 at 17:00:50 (UTC+0)
signal strength 1 of 5

Bearish pennant #MCD M5

The Bearish pennant pattern has formed on the #MCD M5 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 299.54; the projection of the flagpole height is equal to 543 pips. In case the price breaks out the pattern’s bottom of 299.54, the downtrend is expected to continue for further level 299.39.

The M5 and M15 time frames may have more false entry points.

वापस
Figure
Instrument
Timeframe
Trend
Signal Strength
 
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