McDonald’s Corp.: wave analysis

၂၀၂၆၊ မေ ၈ နံနက် ၀၇:၃၈:၂၅

The price is in correction, the probability of decline remains.

On the daily chart, the development of the third wave of the senior-degree wave 3 is presumably completed, and a downward correction is now developing as the fourth wave 4. On the four-hour timeframe, wave (A) of 4 is currently developing, within which the third wave of the lower-degree wave 3 of (A) has already been completed. If this scenario proves correct, the downward trend is expected to continue toward the 265.50–244.40 area, with the critical stop loss level for this scenario at 311.50.

Main scenario

Short positions should be opened below the level of 311.50 with targets in the 265.50–244.40 area. Implementation period: 7 days or more.

Alternative scenario

The breakdown and consolidation of the price above the level of 311.50 will allow the trading instrument to continue its upward trend to the 342.55–360.00 area.

အခြေအနေ

အခြား အြခေအနေ