FX.co ★ Actual patterns. Technical analysis and trading recommendations

The Triple Top pattern has formed on the chart of the #PEP M30 trading instrument. It is a reversal pattern with resistance at 143.61/143.53, support at 141.10/141.67, and a width of 251 points. A break below the confirmation support at 141.10 may signal further downward movement.

The Triple Top reversal pattern has formed on the #PEP M15 chart. Its upper boundary is at 143.34/143.53, its lower boundary is at 141.67/142.33, and its current width is 108 points. If the confirmation support at 141.67 is broken, that width can be used to project the downward move.

The 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 Bullish Symmetrical Triangle pattern has formed on the #PEP M5 chart. This is a trend continuation pattern. Its upper and lower boundaries are at 140.76 and 139.67, respectively. The pattern width is 109 points. If the price breaks above the upper boundary at 140.76, it is likely to move toward 140.46.

The Bearish Rectangle has formed on the #PEP M5 chart and indicates a likely continuation of the trend. Its upper boundary is at 138.25 and its lower boundary is at 137.84. A short position may be considered once the price closes below the lower boundary at 137.84 of the Bearish Rectangle.