McDonald's Alarming a Major Top
Price failed around the major high at 102.22, heading back lower within a minor falling channel, a break and weekly closing below 94.00 may give further confirmation for the the bearish formation. That could signal a move to 83.30 major low and neckline for a major long term bearish double top.
Note: This is a non-confirmed setup and might be risky.
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Note: This is a non-confirmed setup and might be risky.
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thefxchannel.com
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