PSX · EXCHANGE TRADED FUNDS
MZNPETF Symmetrical Triangle breakdown — 30 Min chart signal
Meezan Pakistan ETF
30 Min 12 Oct 2026 · 09:30 PKT
Close
17.07
▼ 0.99%
Symmetrical Triangle breakdown
Pattern breakout
MZNPETF broke below its symmetrical triangle on the 30-minute close at 17.07.
Projected target 16.87 (-1.2%). The pattern is invalidated beyond 17.32 (+1.5%), a reward-to-risk of about 0.8 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bearish external, bearish internal (strong high 18.24). Nearest supply OB 17.46 - 17.55.
More for MZNPETF
MZNPETF company page →Head & Shoulders breakdown
MZNPETF broke below its head & shoulders on the hourly close at 16.96.
14 Oct 2026 · 09:30 PKT Pattern breakout
Symmetrical Triangle breakdown
MZNPETF broke below its symmetrical triangle on the 30-minute close at 17.12.
12 Oct 2026 · 10:30 PKT Pattern breakout
Symmetrical Triangle forming
MZNPETF is compressing inside a symmetrical triangle on the 30-minute chart - 5 swing points, 9.2x ATR wide at the start.
12 Oct 2026 · 09:30 PKT Chart pattern
Head & Shoulders forming
MZNPETF has completed a head & shoulders on the hourly chart with the head at 17.60 and the neckline at 16.98.
09 Oct 2026 · 11:30 PKT Chart pattern