PSX · TECHNOLOGY & COMMUNICATION · 30 Min
TRG Falling Wedge forming
TRG Pakistan Limited · 03 Nov 2026 · 14:30 PKT
▲ Bullish Forming Chart pattern With the trend
Lines to watch
Awaiting breakout- Close
- 51.65
- ▼ 0.19%
- Upper line
- 52.20
- +1.1%
- Lower line
- 50.95
- -1.4%
- ATR
- 0.42
- Target
- Invalidation
- Pattern lines
- Fair value gap (bull / bear)
- Order block
- Strong / weak high and low
- BOS · CHoCHstructure breaks
SMC Structure · Order Blocks · FVG · Pattern Detector 30 Min candles · click to enlarge
The breakdown
TRG is compressing inside a falling wedge on the 30-minute chart - 5 swing points, 15.8x ATR wide at the start.
Upper line 52.20, lower line 50.95. The pattern favours an upside resolution: a 30-minute close above 52.28 confirms an upside breakout, a close below 50.87 a downside break.
Structure: bullish external, bullish internal (strong low 48.17). Nearest demand OB 50.22 - 50.79, supply OB 56.55 - 57.60.
How to read this signal
- 1 Not triggered yet: the pattern is still forming on the 30 min chart.
- 2 A 30 min close above 52.20 (+1.1%) would be an upside breakout.
- 3 A 30 min close below 50.95 (-1.4%) would be a downside breakout.
- 4 Until one of the lines breaks, there is no target or invalidation level.
Pattern guide
About the falling wedge
A falling wedge is two downward-sloping lines that converge; the selling loses momentum and a break above the upper line is usually bullish.
- Confirmation
- A close above the upper wedge line.
- Target
- The wedge's widest height, projected up from the breakout.
- Fails if
- A close back below the upper line or below the wedge's last low.