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.
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
Also on:
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.