NYSE:MCD MCDONALDS CORP
After breaking the minor ( I mentioned in my prior long term analysis 8 months ago, check links below)the price headed to retest the top of the main long term , but Price failed around the major high at 102.22 again. And that keeps my overall bias , a break and weekly closing below 92.20 may give further confirmation for the the formation, as the price would complete a formation, within the context of a wider potential triple top. That could signal a move to 83.30 major low and neckline for a major long term triple top.
I will keep my eyes on 93.20 level for now, which should determine the next trade.
Best of Luck , join me at https://twitter.com/thefxchannel
Also at my Facebook page www.thefxchannel.com
My best regards,
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