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Timonrosso

Mc Donalds showing strong upside with a Falling Wedge - SMC

Long
McDonald's Corporation (NYSE:MCD)  
Timonrosso  
NYSE:MCD   McDonald's Corporation
Trend Analysis Chart Patterns Fundamental Analysis mcdonalds mcdonaldssignal smartmoneyconcepts smartmoney SMC ict chartpatternstrading
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trendanalysis chartpattern fundamental mcdonalds mcdonaldssignal smartmoneyconcepts smartmoney smc ict chartpatternstrading
Falling Wedge has formed on Mc Ds
The price broke up showing strong upside.
7>21>200 - Bullish
RSI >50 = Bullish - Higher lows
Target $289.50

SMC:
Sell Side Liquidity was swept at the very strong support. Once this happened, Smart Money bought into the orders pushing it up.
Now it's clearly showing strong upside to come.
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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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