According to the chart of M5, #MSFT formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 424.20 – 424.20 and upper border 425.68 – 425.68. In case the lower border is broken, the instrument is likely to follow the downward trend. The M5 and M15 time frames may have more false entry points.