MCD Bullish engulfing + Failling Wedge, reversal patern?
MCD has been in a failing wedge downtrend figure lately. This figure is not confirmed yet.
To get confirmation, we need a good break through B-D resistance.
MCD also had a bullish engulfing candle, confirmed on Friday.
RSI and Stochastic are neutral.
SAR just reversed to an uptrend on Friday.
I will go long on this one on monday if price is still decent.
Target is 100,86$.
To get confirmation, we need a good break through B-D resistance.
MCD also had a bullish engulfing candle, confirmed on Friday.
RSI and Stochastic are neutral.
SAR just reversed to an uptrend on Friday.
I will go long on this one on monday if price is still decent.
Target is 100,86$.
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