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FX.co ★ #MSFT M5: Bullish Rectangle

#MSFT M5: Bullish Rectangle

Bullish RectangleAccording to the chart of M5, #MSFT formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 393.89 and support 389.24. In case the resistance level 393.89 - 393.89 is broken, the instrument is likely to follow the bullish 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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