FX.co ★ #MSFT M5: Bearish Rectangle

According to the chart of M5, #MSFT formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 398.75 – 398.75 and upper border 401.66 – 401.66. In case the lower border is broken, the instrument is likely to follow the downward trend.