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PSX · TECHNOLOGY & COMMUNICATION

TELE Head & Shoulders forming — 1 Hour chart signal

Telecard Limited

1 Hour 09 Oct 2026 · 11:30 PKT

Close

7.24

▲ 1.26%

▼ Bearish

Head & Shoulders forming

Chart pattern With the trend

TELE Head & Shoulders forming on the 1 hour chart, 09 Oct 2026 · 11:30 PKT — PSX pattern signal by Smart Money
SMC Structure · Order Blocks · FVG · Pattern Detector 1 Hour candles
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TELE has completed a head & shoulders on the hourly chart with the head at 8.65 and the neckline at 6.46.

The pattern is confirmed by a hourly close below 6.44. The measured move from the neckline points to 5.44 (-15.8%). A close beyond the head at 8.65 cancels it. Still active - first identified on 24 Sep 2026 10:30.

Structure: bearish external, bearish internal (strong high 13.57). Nearest demand OB 6.25 - 6.44, supply OB 7.80 - 7.95.

Analysis by

Smart Money

smartmoney.pk · @smartmoneypk

Technical analysis for education only — not investment advice. Patterns can fail; manage your own risk.

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