PSX · CABLE & ELECTRICAL GOODS
FCL Falling Wedge breakdown — 30 Min chart signal
Fast Cables Limited
30 Min 15 Oct 2026 · 09:30 PKT
Close
25.15
▼ 5.63%
Falling Wedge breakdown
Pattern breakout Against the trend
FCL broke below its falling wedge on the 30-minute close at 25.15.
Projected target 25.26 (+0.4%). The pattern is invalidated beyond 27.24 (+8.3%), a reward-to-risk of about 0.1 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bullish external, bullish internal (strong low 23.01). Nearest demand OB 23.79 - 23.95.