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Home » Analysis & Forecast » MCD Wave Analysis – 5 February 2026

MCD Wave Analysis – 5 February 2026

MCD: ⬇️ Sell – MCD reversed from major resistance level 325.00 – Likely to fall to support level 316.00 MCD recently reversed from the resistance zone between the multi-month resistance level 325.00 (former yearly high from the start of 2025) and the upper daily Bollinger Band. The dow…

UpdatedFeb 6, 2026
1 mins read
MCD Wave Analysis – 5 February 2026

MCD: ⬇️ Sell

– MCD reversed from major resistance level 325.00

– Likely to fall to support level 316.00

MCD recently reversed from the resistance zone between the multi-month resistance level 325.00 (former yearly high from the start of 2025) and the upper daily Bollinger Band.

The downward reversal from this resistance zone stopped the previous impulse waves 3 and (3).

Given the strength of the resistance level 325.00 and the bearish divergence on the weekly Stochastic, MCD can be expected to fall toward the next support level 316.00.

Source: https://fxpro.news

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