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

According to the chart of M5, #PEP produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 143.96 while the median line of the Neck is set at 144.53/144.50. The formation of the Inverse Head and Shoulder Pattern clearly indicates a reversal of the downward trend. In means that in case the scenario comes true, the price of #PEP will go towards 144.65.

The Triple Top pattern has formed on the chart of the #PEP H1. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 140.45/145.07 with the upper limit 145.93/146.45; the projection of the width is 548 points. The formation of the Triple Top figure most likely indicates a change in the trend from upward to downward. This means that in the event of a breakdown of the support level of 140.45, the price is most likely to continue the downward movement.

On the chart of the #PEP H1 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 140.45, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 548 points.

The Double Bottom pattern has been formed on #PEP M5; the upper boundary is 146.45; the lower boundary is 145.09. The width of the pattern is 138 points. In case of a break of the upper boundary 146.45, 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 Double Bottom pattern has been formed on #PEP M5; the upper boundary is 146.45; the lower boundary is 145.09. The width of the pattern is 138 points. In case of a break of the upper boundary 146.45, 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 Bullish pennant graphic pattern has formed on the #PEP M5 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 145.43.

The Bullish pennant graphic pattern has formed on the #PEP M5 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 145.43.

The Double Top pattern has been formed on #PEP M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 134.77 is broken, the downward movement will continue.

The Double Top pattern has been formed on #PEP M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 134.77 is broken, the downward movement will continue.

The Double Bottom pattern has been formed on #PEP M30. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 134.36 is broken. The further movements will rely on the width of the current pattern 62 points.