PSX · OIL & GAS EXPLORATION COMPANIES
POL Bearish change of character — 30 Min chart signal
Pakistan Oilfields Limited
30 Min 12 Oct 2026 · 09:30 PKT
Close
683.02
▼ 10.77%
Bearish change of character
Market structure · CHoCH
POL closed below the external strong low at 709.00 - the external trend turns bearish.
The 30-minute close at 683.02 confirms it. The new external CHoCH level (strong high) is 770.49: a close beyond it would change the character back.
Structure: bearish external, bearish internal (strong high 770.49). Nearest demand OB 676.00 - 679.89, supply OB 762.00 - 766.00.