PSX · TEXTILE SPINNING
KOHTM Descending Triangle forming — 1 Hour chart signal
Kohat Textile Mills Limited
1 Hour 09 Oct 2026 · 15:30 PKT
Close
93.29
▲ 11.07%
Descending Triangle forming
Chart pattern With the trend
KOHTM is compressing inside a descending triangle on the hourly chart - 5 swing points, 14.2x ATR wide at the start.
Upper line 86.24, lower line 82.01. The pattern favours a downside resolution: a hourly close above 86.73 confirms an upside breakout, a close below 81.52 a downside break.
Structure: bearish external, bullish internal (strong high 210.00). Nearest demand OB 82.00 - 86.77, supply OB 102.45 - 103.68.