McDonalds
Bearish Closed

A Price Action Descending Triangle pattern formation on the 4 Hour time frame chart supports McDonalds Bearish bias. A break of 247.82 will support the fall towards the target of 246.08 the break of 246.08 would push the price to 244.92.

SUPPORT AND RESISTANCE LEVELS
  • Pivot Point 314.72
  • Support S1: 314.36, S2: 314.04 , S3: 313.68
  • Resistance R1: 315.04 , R2: 315.4 , R3: 315.72