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Bearish Symmetrical Triangle
was formed on 04.04 at 19:05:08 (UTC+0)
signal strength 5 of 5
According to the chart of D1, #MCD formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 276.58/312.54 and upper border is 338.96/312.54. The pattern width is measured on the chart at -6238 pips. The formation of the Bearish Symmetrical Triangle pattern evidently signals a continuation of the downward trend. In other words, if the scenario comes true and #MCD breaches the lower border, the price could continue its move toward 312.14.
Figure
Instrument
Timeframe
Trend
Signal Strength
