MCD Gann Projectionswww.wsj.com
Use the low of ~0.088 ; use the high of ~1.22 & project out from there and these critical levels present themselves
acknowledge the strength of these gann levels
manage your own risk
gl hf
xoxo
snoop
MCDCL trade ideas
MCD t.a. & set upMCD is showing signs of an overall long-term uptrend pattern, & is currently trading above the SMA200, signaling a possible long entry. On the daily chart, possible cup and handle also forming after a significant pullback occured early/mid September. Also, last session the price opened above, and closed above the EMA21, signaling a potential intermediate uptrend is likely if price continues to consistently close above EMA21 level. Additionally, The EMA5 recently crossed up & above the EMA10, signaling short term bullish momentum. Considering this combination of confirmed and pending signals:
A good entry might be; if the price breaks above and closes above the SMA50 level.
*another option could be to take an initial entry if Monday opens above the EMA21, and then add to position if price breaks/closes above the SMA50
A stop could be set at: any close below the EMA21 @ -1%
A good target exit might be best at: Known resistance @65-70 RSI area, or any close below the EMA10 level @ +4%
Risk/Reward ratio optimal @ 4:1
Moving averages say buy, but the market says ? MCD usually does quite well from Sept to the end of the year (up 11 of the last 13 years I believe). But if the market crashes....well let's just say that buying on Friday could be a mistake, regardless of what the moving averages are saying (read between the dotted lines). Is it just me, or has all of the reactions to news events made this a common pattern this year; and if so should we ignore it?
MCD Short !! 69.57%, SEP19 WK2 => MCD dipped 220.03 to 209.81MCD Short !! 69.57%, SEP19 WK2 \
=> MCD dipped from.. 220.03 to.. 209.81.
One of Past Signals published for the 2nd Week, SEP.
(Effective Date was Sep 9~13) www.signalclub.io
NYSE:MCD
Parabolic but shortableHere presents a good R:R trade, using a tight stop loss the geometry tells us that there is a possible reverse of trend.
MacDonald is likely to make another bull run again MCD bullish run is still strong and it may continue to extend to 323.6% of the Extension level.
Piercing line and bullish flag formation is the confirmation.
MCDONALDS REVERSAL - Elliot Wave AnalysisLooks like we are seeing a little bit of a reversal on NYSE:MCD . Elliot impulse waves seem to have run through their cycle and are now looking for corrective waves.
Let me know what you think!
Is it time to sell, or a double bottom ?MCD will either bounce off of the 50 sma and regain the 10 ema, or it will finally be time to sell after a nice looooong uptrend. I guess all good things must come to pass; but will it be tomorrow?
MCD Breaks Uptrend... More downside to come?MCD breaking uptrend from lows of Feb '19 with a strong move down through the trendline area... Looks like more downside to come. ~$193
MCD A.K.A. MCDonald's | THE IMPULSE WAVE IS DONE!On 9 august the price reached a point of 221.93 euros. Is this point the end of the impulse wave? Also around 221.93 is a minor resistance zone. This impulse wave started at the of august in 2015. If I’m right the impulse wave is correct if you would compare it to the Elliot Wave principle. We hope to see that corrective wave A will retrace 38.2%. Then we hope wave B will go back to the 23.6% level. Finally we hope to see that wave C will go to the 50% level!
Now, will the price fall to 204.21, 193.25 or 184.39 with the corrective wave?
Sell: 210.97
T/P 1: 204.21
T/P 2: 193.25
T/P 3: 184.39
S/L: 221.93
PS: I’m only 14 y/o and this is one of my first trend analysis that I publish. Is something is not clear for you or if you have some tips for me, feel free to let me know!
Analysis on MCDONALDS 30.08.2019The price above 200 MA, indicating a growing trend.
The MACD histogram is above the zero lines.
The oscillator Force Index is above the zero lines.
If the level of resistance is broken, you should follow the recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 222.00
• Take Profit Level: 225.00 (300 pips)
If the price rebound from resistance level, you should follow the recommendations below:
• Timeframe: H4
• Recommendation: Short Position
• Entry Level: Short Position 219.00
• Take Profit Level: 218.00 (100 pips)
USDJPY
A possible long position at the breakout of the level 116.70
EURUSD
A possible short position in the breakdown of the level 1.1030
USDCHF
A possible long position at the breakout of the level 0.9900
GBPUSD
A possible short position in the breakdown of the level 1.2150
Checking in on the trade we took on MCD.. Remember the trigger? playing out well..run sym and you can see where the setup came from. Great follow through today
Example of a trigger When i post real time setups... follow the rules.. NO TRIGGER NO TRADE
8/34 EMA CROSS OVER ON THE 30 MIN(swing trades) =trigger.. OFF THE ZONE
STOPS GO BELOW THE ZONE (fib cluster)
