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ForexCollege
Mar 14, 2022 3:19 PM

Classic Head and Shoulder Pattern Education

McDonald's CorporationNYSE

Description

Here we have a classic Head and Shoulder pattern. When the news surfaced that MacDonald's will close shop and still pay employees, there was already a tentative Head and Shoulder reversal pattern. Buyers got out taking profits and sellers got in riding the wave down. This is trading. There are always great opportunities even in the worst of times.
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