PSX · CEMENT
POWER Descending Triangle breakdown — 30 Min chart signal
Power Cement Limited
30 Min 12 Oct 2026 · 13:30 PKT
Close
20.95
▼ 1.60%
Descending Triangle breakdown
Pattern breakout Against the trend
POWER broke below its descending triangle on the 30-minute close at 20.95.
Projected target 20.53 (-2.0%). The pattern is invalidated beyond 21.69 (+3.5%), a reward-to-risk of about 0.6 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bullish external, bearish internal (strong low 19.51). Nearest demand OB 20.50 - 20.68, supply OB 21.06 - 21.33.
More for POWER
POWER company page →Descending Triangle breakdown
POWER broke below its descending triangle on the 30-minute close at 21.17.
12 Oct 2026 · 13:00 PKT Pattern breakout
Descending Triangle breakdown
POWER broke below its descending triangle on the 30-minute close at 21.00.
12 Oct 2026 · 11:00 PKT Pattern breakout
Descending Triangle breakdown
POWER broke below its descending triangle on the 30-minute close at 21.06.
12 Oct 2026 · 10:00 PKT Pattern breakout
Descending Triangle forming
POWER is compressing inside a descending triangle on the 30-minute chart - 5 swing points, 7.5x ATR wide at the start.
09 Oct 2026 · 15:00 PKT Chart pattern