McDonalds
Bearish Closed

A Price Action Descending Triangle pattern formation on the 1 Day time frame chart supports McDonalds Bearish bias. A break of 247.82 will support the fall towards the target of 242.48 the break of 242.48 would push the price to 238.92.

SUPPORT AND RESISTANCE LEVELS
  • Pivot Point 259.26
  • Support S1: 258.80, S2: 258.10 , S3: 257.64
  • Resistance R1: 259.96 , R2: 260.42 , R3: 261.12