MCD forecast and possible long setup

Fibonacci analysis can sometimes reveal trends that were possibly hidden, by charting these channels and retracements we can visualize possible setups which we can adjust as we observe market movements and price action.





If the corrective wave occurs, it may provide for a nice long setup in autumn. Nobody trades in summer, enjoy the sun(few exceptions).










This is the real MACD, a true indicator of market sentiment, a security that must be followed on a regular basis,100% watchlist.
Happy Trading.