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FX.co ★ #PEP M30: Bullish Symmetrical Triangle

#PEP M30: Bullish Symmetrical Triangle

Bullish Symmetrical TriangleThe Bullish Symmetrical Triangle pattern has formed on the #PEP M30 chart, signaling a likely continuation of the trend. Its upper boundary passes through 143.61/142.46, while its lower boundary passes through 140.89/142.46. The pattern width is 272 points. When the Bullish Symmetrical Triangle forms during an uptrend, it indicates that the prevailing trend may continue. A breakout above 142.46 could send the price toward 142.76.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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