logo

FX.co ★ #MSFT M15: Bearish Rectangle

#MSFT M15: Bearish Rectangle

Bearish RectangleAccording to the chart of M15, #MSFT formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 465.97 – 465.97 and upper border 471.20 – 471.20. 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.
*L'analyse de marché présentée est de nature informative et n'est pas une incitation à effectuer une transaction
Go to the patterns list Go to graph