PSX · EXCHANGE TRADED FUNDS
ACIETF Falling Wedge forming — Daily chart signal
Alfalah Consumer Index (ETF)
Daily 16 Oct 2026
Close
16.11
▲ 0.50%
Falling Wedge forming
Chart pattern Against the trend
ACIETF is compressing inside a falling wedge on the daily chart - 5 swing points, 6.7x ATR wide at the start.
Upper line 17.08, lower line 15.42. The pattern favours an upside resolution: a daily close above 17.16 confirms an upside breakout, a close below 15.34 a downside break.
Structure: bearish external, bearish internal (strong high 21.50). Nearest demand OB 14.20 - 15.16.