PSX · CEMENT
GWLC Falling Wedge forming — 1 Hour chart signal
Gharibwal Cement Limited
1 Hour 16 Oct 2026 · 15:30 PKT
Close
45.42
▲ 2.64%
Falling Wedge forming
Chart pattern Against the trend
GWLC is compressing inside a falling wedge on the hourly chart - 5 swing points, 7.8x ATR wide at the start.
Upper line 46.42, lower line 44.03. The pattern favours an upside resolution: a hourly close above 46.55 confirms an upside breakout, a close below 43.90 a downside break.
Structure: bearish external, bullish internal (strong high 51.90). Nearest demand OB 44.12 - 44.80, supply OB 50.50 - 51.25.
More for GWLC
GWLC company page →Head & Shoulders breakdown
GWLC broke below its head & shoulders on the daily close at 44.27.
14 Oct 2026 Pattern breakout
Bear Flag breakdown
GWLC broke below its bear flag on the 30-minute close at 44.90.
13 Oct 2026 · 10:00 PKT Pattern breakout
Bear Flag forming
GWLC is building a bear flag after a 2.83 drop (6.9x ATR) on the 30-minute chart.
13 Oct 2026 · 10:00 PKT Chart pattern
Bearish break of structure
GWLC closed below the external swing low at 45.60 from 06 Oct 09:30 - the bearish trend continues.
12 Oct 2026 · 12:00 PKT Market structure · BOS