PSX · TEXTILE SPINNING
KOHTM Descending Triangle breakout — 1 Hour chart signal
Kohat Textile Mills Limited
1 Hour 09 Oct 2026 · 15:30 PKT
Close
93.29
▲ 11.07%
Descending Triangle breakout
Pattern breakout Against the trend
KOHTM broke above its descending triangle on the hourly close at 93.29.
Projected target 111.77 (+19.8%). The pattern is invalidated beyond 82.00 (-12.1%), a reward-to-risk of about 1.6 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bearish external, bullish internal (strong high 210.00). Nearest demand OB 82.00 - 86.77, supply OB 102.45 - 103.68.