FX.co ★ #GOOG M5: Bullish Rectangle

According to the chart of M5, #GOOG formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 389.20 – 389.20 and upper border 393.25 – 393.25. In case the upper border is broken, the instrument is likely to follow the upward trend.