FX.co ★ Patterns #PEP | PepsiCo, Inc. Stock Price

According to the chart of M15, #PEP formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 180.61 and 173.10 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 751 pips. Outlook: If the upper border 180.61 is broken, the price is likely to continue its move by 176.99.

According to the chart of M30, #PEP formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 180.61 and 172.97 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 764 pips. Outlook: If the upper border 180.61 is broken, the price is likely to continue its move by 177.14.

On the chart of the #PEP M5 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak, the price will try to break through the resistance level 171.83, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 130 points.

The Bearish pennant pattern has formed on the #PEP M15 chart. This pattern type is characterized by a slight slowdown after which the price will move in the direction of the original trend. In case the price fixes below the pattern’s low of 169.71, a trader will be able to successfully enter the sell position.

The Double Bottom pattern has been formed on #PEP M15; the upper boundary is 177.18; the lower boundary is 170.15. The width of the pattern is 673 points. In case of a break of the upper boundary 177.18, a change in the trend can be predicted where the width of the pattern will coincide with the distance to a possible take profit level.

According to the chart of M5, #PEP formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 176.20 and 175.61 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 59 pips. Outlook: If the upper border 176.20 is broken, the price is likely to continue its move by 176.05.

According to the chart of M5, #PEP formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 176.20 and support 175.62. In case the resistance level 176.20 - 176.20 is broken, the instrument is likely to follow the bullish trend.

On the chart of #PEP M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 176.15; the lower boundary 175.62; the width of the pattern 53 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 175.47 level.

The Bullish pennant graphic pattern has formed on the #PEP M30 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks out high, is expected to continue the upward trend to level 172.05.

The Bullish pennant graphic pattern has formed on the #PEP M30 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks out high, is expected to continue the upward trend to level 172.05.