PSX · OIL & GAS MARKETING COMPANIES
WAFI Descending Triangle forming — 30 Min chart signal
Wafi Energy Pakistan Limited
30 Min 14 Oct 2026 · 14:00 PKT
Close
154.50
▲ 0.66%
Descending Triangle forming
Chart pattern With the trend
WAFI is compressing inside a descending triangle on the 30-minute chart - 5 swing points, 13.6x ATR wide at the start.
Upper line 150.94, lower line 150.75. The pattern favours a downside resolution: a 30-minute close above 151.15 confirms an upside breakout, a close below 150.54 a downside break.
Structure: bearish external, bullish internal (strong high 170.99). Nearest supply OB 159.90 - 161.00.
More for WAFI
WAFI company page →Descending Triangle breakout
WAFI broke above its descending triangle on the 30-minute close at 154.50.
14 Oct 2026 · 14:00 PKT Pattern breakout
Bearish change of character
WAFI closed below the external strong low at 153.00 - the external trend turns bearish.
13 Oct 2026 · 12:00 PKT Market structure · CHoCH
Bearish break of structure
WAFI closed below the external swing low at 153.00 from 11 Sep 08:30 - the bearish trend continues.
13 Oct 2026 · 11:30 PKT Market structure · BOS
Bearish change of character
WAFI closed below the external strong low at 153.00 - the external trend turns bearish.
13 Oct 2026 · 11:30 PKT Market structure · CHoCH