Mc Donalds showing strong upside with a Falling Wedge - SMC

ロング

McDonald's Corporation (NYSE:MCD)

NYSE:MCD McDonald's Corporation

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.

✅ Facebook:
www.facebook.com/groups/matitrader

🌐Website:
www.timonandmati.com

𝕏 (Formerly Twitter):
twitter.com/timonr

Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)