Symbol: $MCD
Prediction : Short
Daily : The price break the last lower low, with a bearish run, it breaks the trendline, now it's time for a pullback.
4H: The price breaks the EMA 50, it start to consolidate on a support.
1H: I wait a pullback to come near the 61.8% zone and the last support which is now a resistance.
Prediction : Short
Daily : The price break the last lower low, with a bearish run, it breaks the trendline, now it's time for a pullback.
4H: The price breaks the EMA 50, it start to consolidate on a support.
1H: I wait a pullback to come near the 61.8% zone and the last support which is now a resistance.