MCD Multi-timeframe analysis indicates strong momentum on to the upside giving a higher probability that a trend reversal could be in play.
On the daily, we see short term bullish price action confirmed by volume (denoted by the highlighted circle.https://www.tradingview.com/x/FXTxOUNl/ These charts in combination allows us to initiate a trade to the long side.
交易進行
MCD reported Q1 results. Despite the price volatility, indicator is relatively unmoved so the trade is still active