The M5 and M15 time frames may have more false entry points.
FX.co ★ #GOOG M15: Bearish Rectangle
Signal strength 2 of 5
#GOOG M15: Bearish Rectangle
According to the chart of M15, #GOOG formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 171.15, the lower border is 169.39. The signal means that a short position should be opened after fixing a price below the lower border 169.39 of the Bearish Rectangle.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade