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PSX · ENGINEERING

ISL Descending Triangle forming — 30 Min chart signal

International Steels Limited

30 Min 16 Oct 2026 · 09:30 PKT

Close

78.20

▲ 0.51%

▼ Bearish

Descending Triangle forming

Chart pattern With the trend

ISL Descending Triangle forming on the 30 min chart, 16 Oct 2026 · 09:30 PKT — PSX pattern signal by Smart Money
SMC Structure · Order Blocks · FVG · Pattern Detector 30 Min candles
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ISL is compressing inside a descending triangle on the 30-minute chart - 5 swing points, 9.6x ATR wide at the start.

Upper line 76.50, lower line 77.00. The pattern favours a downside resolution: a 30-minute close above 76.60 confirms an upside breakout, a close below 76.90 a downside break.

Structure: bearish external, bearish internal (strong high 84.58). Nearest demand OB 76.15 - 76.60, supply OB 80.26 - 80.88.

Analysis by

Smart Money

smartmoney.pk · @smartmoneypk

Technical analysis for education only — not investment advice. Patterns can fail; manage your own risk.

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