#MCD M5 Bearish Rectangle

According to the chart of M5, #MCD formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 265.34 - 0.00 and support 264.23 – 264.23. In case the resistance level 264.23 - 264.23 is broken, the instrument is likely to follow the bearish trend.