PSX · TEXTILE COMPOSITE
FML Ascending Triangle forming — 1 Hour chart signal
Feroze1888 Mills Limited
1 Hour 15 Oct 2026 · 14:30 PKT
Close
44.99
▼ 0.68%
Ascending Triangle forming
Chart pattern With the trend
FML is compressing inside an ascending triangle on the hourly chart - 5 swing points, 8.1x ATR wide at the start.
Upper line 47.12, lower line 44.17. The pattern favours an upside resolution: a hourly close above 47.27 confirms an upside breakout, a close below 44.02 a downside break.
Structure: bullish external, bullish internal (strong low 34.05). Nearest demand OB 43.10 - 44.00, supply OB 49.56 - 50.49.