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

The Double Bottom pattern has formed on the #PEP M15 chart. Its support is at 125.16, its resistance is at 126.25, and its width is 109 points. A break above resistance may confirm a trend reversal, with the first target projected 101 points away.

The Double Top reversal pattern has formed on the #PEP M5 chart. Its upper boundary is at 128.42, its lower boundary is at 127.94, and its width is 48 points. A break below the lower boundary is likely to confirm further downward movement toward 127.79.

The Bearish Flag pattern has formed on the #PEP D1 chart. Its lower boundary passes through 127.96/131.18, while its upper boundary passes through 131.20/134.42. The projected flagpole height is 1079 points. The formation indicates that the downtrend is likely to continue. A break below 127.96 would confirm further downward movement.

The Bearish Pennant pattern has formed on the #PEP D1 chart. It represents a brief consolidation before the price potentially resumes the prevailing trend. A short position may be considered if the price closes below the pattern low at 127.96.

The Bearish Flag pattern has formed on the #PEP D1 chart. Its lower boundary passes through 127.96/131.18, while its upper boundary passes through 131.20/134.42. The projected flagpole height is 1079 points. The formation indicates that the downtrend is likely to continue. A break below 127.96 would confirm further downward movement.