#NTDOY M5 Bearish Rectangle

According to the chart of M5, #NTDOY formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 12.53 - 0.00 and support 12.48 – 12.48. In case the resistance level 12.48 - 12.48 is broken, the instrument is likely to follow the bearish trend.