According to the chart of M5, #PEP formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 143.95 – 143.95 and upper border 145.22 – 145.22. In case the upper border is broken, the instrument is likely to follow the upward trend. The M5 and M15 time frames may have more false entry points.