Technician
Short

McDonald's Alarming a Major Top

BATS:MCD   MCDONALDS CORP
669 2 12
Price failed around the major high at 102.22, heading back lower within a minor falling channel , a break and weekly closing below 94.00 may give further confirmation for the the bearish formation. That could signal a move to 83.30 major low and neckline for a major long term bearish double top .
Note: This is a non-confirmed setup and might be risky.

https://twitter.com/thefxchannel
thefxchannel.com
If you dont want to miss any trade and see all the trades live, fully transparent. Join my FREE channel here https://telegram.me/technician_forex_trades
Barker
3 years ago
Nice. I've been short MCD since just before Thanksgiving.

MCD short entry may setup this week.


Covered short today even though we may have some more downside.

Happy with how this trade worked out.

Reply
flibbr PRO
3 years ago
looks like btc/usd mtgox $1240 double top
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener 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
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out