FX.co ★ Patterns #MCD | McDonald's Corporation Stock Price

The Bearish Symmetrical Triangle pattern has formed on the #MCD M5 chart. A break below the lower boundary at 247.10 would signal a likely continuation of the downtrend. The projected move corresponds to the pattern width of 99 points.

The Bearish Symmetrical Triangle pattern has formed on the #MCD M5 chart. Its lower boundary passes through 246.63/247.54, while its upper boundary passes through 248.74/247.54. The pattern width is 211 points. The Bearish Symmetrical Triangle indicates a likely continuation of the downtrend. If #MCD breaks below the lower boundary, the price could move toward 247.39.

The Double Bottom pattern has formed on the #MCD M5 chart. Its support is at 245.34, its resistance is at 245.96, and its width is 62 points. A break above resistance may confirm a trend reversal, with the first target projected 59 points away.

A Bullish Pennant continuation signal has formed on the #MCD M5 chart. A long position may be considered above the pattern high at 247.36, with the projected move based on the height of the flagpole.

The Bearish Pennant pattern has formed on the #MCD M15 chart. A break below the pennant low at 240.10 would signal a likely continuation of the downtrend. A Sell Stop order may be placed 10 points below the pattern low, with Take Profit set at a distance equal to the height of the flagpole.

The Bullish Rectangle has formed on the #MCD M30 chart and indicates a likely continuation of the trend. Its upper boundary is at 245.82 and its lower boundary is at 241.75. A long position may be considered after the price breaks above the upper boundary at 245.82 of the Bullish Rectangle.

The Bullish Rectangle has formed on the #MCD M15 chart and indicates a likely continuation of the trend. Its upper boundary is at 245.82 and its lower boundary is at 241.75. A long position may be considered after the price breaks above the upper boundary at 245.82 of the Bullish Rectangle.

The Double Bottom pattern has formed on the #MCD M5 chart and signals a potential reversal from a downtrend to an uptrend. A long position may be considered after the price breaks above the upper boundary at 242.89. The projected move is based on the pattern width of 59 points.

The Triple Top reversal pattern has formed on the #MCD M5 chart. Its upper boundary is at 236.34/236.39, its lower boundary is at 235.92/236.00, and its current width is 52 points. If the confirmation support at 235.92 is broken, that width can be used to project the downward move.

The Triple Top pattern has formed on the chart of the #MCD M5 trading instrument. It is a reversal pattern with resistance at 236.34/236.39, support at 235.92/236.00, and a width of 42 points. A break below the confirmation support at 235.92 may signal further downward movement.