Daily Shooting Star Reversal Candlestick Pattern Just Formed

Short

McDonald's Corporation (NYSE:MCD)

Updated

NYSE:MCD McDonald's Corporation

Trend Analysis Technical Indicators Chart Patterns Rising Wedge Shooting Star reversalpattern bearishdivergence

trendanalysis indicator chartpattern risingwedge shootingstar reversalpattern bearishdivergence

MCD forming daily bearish divergence on all the indicators i have on my chart along with having a daily shooting star reversal candle and is currently below the contracting channel I have plotted; I think this has atleast a decent amount to go down from here.

Trade active

Related Ideas

about DXY

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.