PSX · TEXTILE SPINNING
AMTEX Descending Triangle breakout — 1 Hour chart signal
Amtex Limited
1 Hour 15 Oct 2026 · 13:30 PKT
Close
4.04
▲ 0.50%
Descending Triangle breakout
Pattern breakout Against the trend
AMTEX broke above its descending triangle on the hourly close at 4.04.
Projected target 4.46 (+10.4%). The pattern is invalidated beyond 3.80 (-5.9%), a reward-to-risk of about 1.7 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bearish external, bullish internal (strong high 6.49). Nearest supply OB 4.47 - 4.53.
More for AMTEX
AMTEX company page →Descending Triangle forming
AMTEX is compressing inside a descending triangle on the hourly chart - 5 swing points, 9.3x ATR wide at the start.
15 Oct 2026 · 13:30 PKT Chart pattern
Descending Triangle breakout
AMTEX broke above its descending triangle on the 30-minute close at 4.03.
15 Oct 2026 · 13:00 PKT Pattern breakout
Descending Triangle forming
AMTEX is compressing inside a descending triangle on the 30-minute chart - 5 swing points, 10.4x ATR wide at the start.
14 Oct 2026 · 09:30 PKT Chart pattern
Head & Shoulders breakdown
AMTEX broke below its head & shoulders on the 30-minute close at 3.80.
13 Oct 2026 · 13:30 PKT Pattern breakout