McDonalds
Bearish Closed

A Price Action Channel Up pattern formation on the 4 Hour time frame chart supports McDonalds Bearish bias. A break of 298.18 will support the fall towards the target of 262.55 the break of 262.55 would push the price to 238.80.

SUPPORT AND RESISTANCE LEVELS
  • Pivot Point 293.62
  • Support S1: 292.34, S2: 291.32 , S3: 290.04
  • Resistance R1: 294.64 , R2: 295.92 , R3: 296.94