PSX · COMMERCIAL BANKS
MEBL Falling Wedge breakout — 30 Min chart signal
Meezan Bank Limited
30 Min 14 Oct 2026 · 15:00 PKT
Close
546.98
▲ 0.36%
Falling Wedge breakout
Pattern breakout With the trend
MEBL broke above its falling wedge on the 30-minute close at 546.98.
Projected target 554.49 (+1.4%). The pattern is invalidated beyond 540.80 (-1.1%), a reward-to-risk of about 1.2 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bullish external, bullish internal (strong low 525.00). Nearest demand OB 527.00 - 534.80, supply OB 577.50 - 582.00.
More for MEBL
MEBL company page →Falling Wedge forming
MEBL is compressing inside a falling wedge on the 30-minute chart - 5 swing points, 8.4x ATR wide at the start.
14 Oct 2026 · 15:00 PKT Chart pattern
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