PSX · AUTOMOBILE ASSEMBLER
ATLH Descending Triangle forming — 1 Hour chart signal
Atlas Honda Limited
1 Hour 09 Oct 2026 · 11:30 PKT
Close
1,572.98
▼ 0.12%
Descending Triangle forming
Chart pattern Against the trend
ATLH is compressing inside a descending triangle on the hourly chart - 6 swing points, 7.8x ATR wide at the start.
Upper line 1,582.92, lower line 1,562.11. The pattern favours a downside resolution: a hourly close above 1,584.55 confirms an upside breakout, a close below 1,560.48 a downside break. Still active - first identified on 24 Sep 2026 13:30.
Structure: bullish external, bullish internal (strong low 1,350.00). Nearest demand OB 1,440.00 - 1,465.00, supply OB 1,789.88 - 1,810.00.
More for ATLH
ATLH company page →Symmetrical Triangle breakdown
ATLH broke below its symmetrical triangle on the hourly close at 1,559.00.
13 Oct 2026 · 10:30 PKT Pattern breakout
Inverse Head & Shoulders forming
ATLH has completed an inverse head & shoulders on the hourly chart with the head at 1,500.00 and the neckline at 1,598.40.
09 Oct 2026 · 11:30 PKT Chart pattern
Inverse Head & Shoulders forming
ATLH has completed an inverse head & shoulders on the 30-minute chart with the head at 1,548.00 and the neckline at 1,592.35.
09 Oct 2026 · 11:30 PKT Chart pattern