PSX · FERTILIZER · 30 Min
FFC Descending Triangle forming
Fauji Fertilizer Company Limited · 22 Oct 2026 · 12:00 PKT
▼ Bearish Forming Chart pattern With the trend
Lines to watch
Awaiting breakout- Close
- 534.50
- ▼ 0.26%
- Upper line
- 538.26
- +0.7%
- Lower line
- 529.99
- -0.8%
- ATR
- 1.80
- Target
- Invalidation
- Pattern lines
- Fair value gap (bull / bear)
- Order block
- Strong / weak high and low
- BOS · CHoCHstructure breaks
SMC Structure · Order Blocks · FVG · Pattern Detector 30 Min candles · click to enlarge
The breakdown
FFC is compressing inside a descending triangle on the 30-minute chart - 5 swing points, 6.5x ATR wide at the start.
Upper line 538.26, lower line 529.99. The pattern favours a downside resolution: a 30-minute close above 538.62 confirms an upside breakout, a close below 529.63 a downside break.
Structure: bearish external, bullish internal (strong high 585.00). Nearest demand OB 508.00 - 509.39, supply OB 543.20 - 544.89.
How to read this signal
- 1 Not triggered yet: the pattern is still forming on the 30 min chart.
- 2 A 30 min close above 538.26 (+0.7%) would be an upside breakout.
- 3 A 30 min close below 529.99 (-0.8%) would be a downside breakout.
- 4 Until one of the lines breaks, there is no target or invalidation level.
Pattern guide
About the descending triangle
A descending triangle is a falling upper trendline meeting flat support; a close below support usually continues the fall, a close above the trendline signals a reversal.
- Confirmation
- A candle close outside the triangle.
- Target
- The triangle's widest height, projected from the breakout.
- Fails if
- A close back inside the triangle soon after the break (a fake-out).