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

The Double Top reversal pattern has been formed on #PEP H1. Characteristics: the upper boundary 132.70; the lower boundary 129.07; the width of the pattern is 365 points. Sell trades are better to be opened below the lower boundary 129.07 with a possible movements towards the 128.67 level.

On the chart of #PEP H1 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 132.72; the lower boundary 129.07; the width of the pattern 365 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 128.67 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 130.92.

The Bullish pennant signal – Trading instrument #PEP M5, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 130.77, with the prospect of the next move being a projection of the flagpole height.

According to the chart of D1, #PEP formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 132.70 - 0.00 and support 127.74 – 127.74. In case the resistance level 127.74 - 127.74 is broken, the instrument is likely to follow the bearish trend.

According to the chart of D1, #PEP formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 127.74 – 127.74 and upper border 132.70 – 132.70. In case the lower border is broken, the instrument is likely to follow the downward trend.

According to the chart of M30, #PEP formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 132.16, the lower border is 130.22. The signal means that a long position should be opened above the upper border 132.16 of the Bullish Rectangle.

The Double Bottom pattern has been formed on #PEP D1. 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 132.24 is broken. The further movements will rely on the width of the current pattern 438 points.

The Double Bottom pattern has been formed on #PEP D1; the upper boundary is 132.24; the lower boundary is 127.74. The width of the pattern is 438 points. In case of a break of the upper boundary 132.24, 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 Top reversal pattern has been formed on #PEP H1. Characteristics: the upper boundary 132.13; the lower boundary 131.10; the width of the pattern is 105 points. Sell trades are better to be opened below the lower boundary 131.10 with a possible movements towards the 130.70 level.