Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
TURN ON STOCKS/ MC-DONALDS
As we clearly see price is trading inside this rising channel
So, from a long-term perspective we are clearly bullish making clean higher highs and higher lows
As the price is breaking below the marked major swing low then the bears will take the control and start the correction till the lower trendline
As the price reaches the lower trendline then we will be searching for new buy setups as a trend-continuation
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!