MCD trade ideas
MCD - Short Term Trend / Pattern within a PatternOnly 20% of Millennials have ever tried a Big MAC.
The potential for this market is huge. HUGE, I tells ya!
Within the next 10 days, MCD will hit 123. Simple 1:1 risk/reward setup.
Although not the strongest signal I've seen, it's still worthy of a shot.
Head and shoulder Possible head and shoulder, i think that the third blu triangle will be completed, so for now the idea is going short till violet line. Reached this line, in my opinion MCDONALDS will follow the down trend (under blu line) with second target fix to orange rectangle (zone 113.36)
$MCD Waiting for pull back to Long MCD uptrend. There are higher targets and more upside potential, but I would like to wait for a decent pull back later after 161.xx or 212.xx
BUY SETUPWe have classic bearish 5 waves pattern with an ending diagonal trangle in wave 5.
An ending diagonal is a special type of pattern that occurs at times when the preceding move has gone too far too fast.
In all cases, they are found at the termination points of larger patterns, indicating exhaustion of the larger movement.
