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

The Double Bottom pattern has been formed on #PEP M15; the upper boundary is 145.69; the lower boundary is 144.51. The width of the pattern is 114 points. In case of a break of the upper boundary 145.69, 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 pennant pattern has formed on the #PEP M15 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 144.35, a trader will be able to successfully enter the sell position.

The Bearish pennant pattern has formed on the #PEP M30 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 144.13; the projection of the flagpole height is equal to 321 pips. In case the price breaks out the pattern’s bottom of 144.13, the downtrend is expected to continue for further level 143.83.

The Bearish pennant pattern has formed on the #PEP M15 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 145.00; the projection of the flagpole height is equal to 189 pips. In case the price breaks out the pattern’s bottom of 145.00, the downtrend is expected to continue for further level 144.77.

According to the chart of D1, #PEP formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 138.59 is breached. Here, a hypothetical profit will equal the width of the available pattern that is -1797 pips.

The Double Bottom pattern has been formed on #PEP M5. 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 146.51 is broken. The further movements will rely on the width of the current pattern 39 points.

The Triple Bottom pattern has formed on the chart of the #PEP M5 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case of breakdown of 147.44/147.33.

According to the chart of M5, #PEP formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 146.70 – 146.70 and upper border 147.44 – 147.44. In case the lower border is broken, the instrument is likely to follow the downward trend.

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 147.72, a trader will be able to successfully enter the sell position.

On the chart of #PEP M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 149.80; the lower boundary 148.50; the width of the pattern 130 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 148.27 level.