FX.co ★ #MCD M5: Bearish Rectangle

According to the chart of M5, #MCD formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 299.58 – 299.58 and upper border 300.31 – 300.31. In case the lower border is broken, the instrument is likely to follow the downward trend.