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 296.07 – 296.07 and upper border 297.67 – 297.67. In case the lower border is broken, the instrument is likely to follow the downward trend.