
According to the chart of M15, #INTC formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 20.38/20.54 and upper border is 20.76/20.54. The pattern width is measured on the chart at -38 pips. The formation of the Bearish Symmetrical Triangle pattern evidently signals a continuation of the downward trend. In other words, if the scenario comes true and #INTC breaches the lower border, the price could continue its move toward 20.32.
The M5 and M15 time frames may have more false entry points.