#PEP M15 Bearish Rectangle

According to the chart of M15, #PEP formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 142.38 - 0.00 and support 141.21 – 141.21. In case the resistance level 141.21 - 141.21 is broken, the instrument is likely to follow the bearish trend.