FX.co ★ #NTDOY M5: Bearish Rectangle

According to the chart of M5, #NTDOY formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 78.62 – 78.62 and upper border 78.84 – 78.84. In case the lower border is broken, the instrument is likely to follow the downward trend.