FX.co ★ #PEP M5: Bullish Symmetrical Triangle

According to the chart of M5, #PEP formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 168.82/169.15 whereas the upper border goes across 169.48/169.15. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of #PEP will breach the upper border to head for 169.30.