PSX · TEXTILE COMPOSITE · 30 Min
ANTM Falling Wedge forming
AN Textile Mills Limited · 04 Nov 2026 · 09:30 PKT
▲ Bullish Forming Chart pattern With the trend
Lines to watch
Awaiting breakout- Close
- 63.95
- ▲ 0.71%
- Upper line
- 63.60
- -0.5%
- Lower line
- 56.28
- -12.0%
- ATR
- 2.24
- 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
ANTM is compressing inside a falling wedge on the 30-minute chart - 5 swing points, 6.5x ATR wide at the start.
Upper line 63.60, lower line 56.28. The pattern favours an upside resolution: a 30-minute close above 64.05 confirms an upside breakout, a close below 55.83 a downside break.
Structure: bullish external, bearish internal (strong low 46.10). Nearest demand OB 51.00 - 51.99, supply OB 73.85 - 74.95.
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 63.60 (-0.5%) would be an upside breakout.
- 3 A 30 min close below 56.28 (-12.0%) would be a downside breakout.
- 4 Until one of the lines breaks, there is no target or invalidation level.
Pattern guide
About the falling wedge
A falling wedge is two downward-sloping lines that converge; the selling loses momentum and a break above the upper line is usually bullish.
- Confirmation
- A close above the upper wedge line.
- Target
- The wedge's widest height, projected up from the breakout.
- Fails if
- A close back below the upper line or below the wedge's last low.