FX.co ★ Modèles réels. Analyse technique et recommandations de trading

The Bullish pennant pattern is formed on the #PEP M5 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high of 142.14, a further uptrend is possible.

The Double Bottom pattern has been formed on #PEP M15; the upper boundary is 140.26; the lower boundary is 139.37. The width of the pattern is 90 points. In case of a break of the upper boundary 140.26, 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.

The Bearish Flag pattern has been formed on the chart #PEP H1 which signals that the downward trend will continue. If the price breaks below the low at 139.32, then it is most likely to move further downwards. The price will likely move by the number of points which equals the length of the flag pole (20 points).

The Bearish pennant pattern has formed on the #PEP H1 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 139.32, a trader will be able to successfully enter the sell position.

The Triple Bottom pattern has formed on the chart of #PEP M5. Features of the pattern: The lower line of the pattern has coordinates 141.14 with the upper limit 141.14/140.91, the projection of the width is 87 points. The formation of the Triple Bottom pattern most likely indicates a change in the trend from downward to upward. This means that in the event of a breakdown of the resistance level 140.27, the price is most likely to continue the upward movement.

The Bearish Flag pattern has been formed on the chart #PEP M5. Therefore, the downwards trend is likely to continue in the nearest term. As soon as the price breaks below the low at 140.80, traders should enter the market.

The Bearish pennant pattern has formed on the #PEP M5 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 140.80, a trader will be able to successfully enter the sell position.

According to the chart of M5, #PEP formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 142.45/141.88 whereas the lower border goes across 141.29/141.88. The pattern width is measured on the chart at 116 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 141.88 is broken, the price could continue its move toward 142.03.

According to the chart of M15, #PEP formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 142.38 - 0.00 and support 141.21 – 141.21. In case the resistance level 141.21 - 141.21 is broken, the instrument is likely to follow the bearish trend.

The Bearish pennant pattern has formed on the #PEP M30 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 141.23, a trader will be able to successfully enter the sell position.