PSX · AUTOMOBILE PARTS & ACCESSORIES
EXIDE Descending Triangle breakout — 1 Hour chart signal
Exide Pakistan Limited
1 Hour 16 Oct 2026 · 10:30 PKT
Close
424.51
▲ 0.00%
Descending Triangle breakout
Pattern breakout With the trend
EXIDE broke above its descending triangle on the hourly close at 424.51.
Projected target 430.92 (+1.5%). The pattern is invalidated beyond 400.00 (-5.8%), a reward-to-risk of about 0.3 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bullish external, bullish internal (strong low 365.00). Nearest supply OB 425.00 - 429.95.