patrick186
Short

McDonalds H&S confirmation

NYSE:MCD   MCDONALD'S CORP
46 0 2
We have quite the H&S confirmation signal here with the weekly close below the weekly 50/60 ema aswell as the neckline. Obvious short play and should be an easy 3.3%

Stop is protected behind daily 200/250 ema + fib retrace. If price pulls back into the week for a retest of daily resistance I may add to the position.
Trade closed manually: Ended up closing this when daily bottomed out and pointed towards a bullish move back up to support. Figured I could get double confirmation with a retest of support + a tighter position to squeeze out some extra profit. Actually going to let this one go and focus on $DJI, $AAPL, $GOOGL, and $TWTR
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out