#GOOG M15 Bearish Rectangle

According to the chart of M15, #GOOG formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 171.15 - 0.00 and support 169.39 – 169.39. In case the resistance level 169.39 - 169.39 is broken, the instrument is likely to follow the bearish trend.