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 157.26/158.13 whereas the upper border goes across 158.73/158.13. 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 158.28.