PSX · TEXTILE COMPOSITE
FML Ascending Triangle forming — 30 Min chart signal
Feroze1888 Mills Limited
30 Min 14 Oct 2026 · 15:00 PKT
Close
46.00
▼ 1.05%
Ascending Triangle forming
Chart pattern Against the trend
FML is compressing inside an ascending triangle on the 30-minute chart - 5 swing points, 10.5x ATR wide at the start.
Upper line 47.10, lower line 43.87. The pattern favours an upside resolution: a 30-minute close above 47.22 confirms an upside breakout, a close below 43.75 a downside break.
Structure: bearish external, bullish internal (strong high 69.80). Nearest demand OB 41.50 - 42.00, supply OB 56.50 - 57.98.