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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 397.92 – 397.92 and upper border 405.00 – 405.00. 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
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