FX.co ★ #GOOG H1: Bearish Rectangle

According to the chart of H1, #GOOG formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 389.61 - 0.00 and support 379.05 – 379.05. In case the resistance level 379.05 - 379.05 is broken, the instrument is likely to follow the bearish trend.