FX.co ★ #NTDOY M5: Bearish Rectangle

According to the chart of M5, #NTDOY formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 21.02 – 21.02 and upper border 21.17 – 21.17. In case the lower border is broken, the instrument is likely to follow the downward trend.