PSX · OIL & GAS MARKETING COMPANIES
WAFI Descending Triangle breakout — 30 Min chart signal
Wafi Energy Pakistan Limited
30 Min 14 Oct 2026 · 14:00 PKT
Close
154.50
▲ 0.66%
Descending Triangle breakout
Pattern breakout Against the trend
WAFI broke above its descending triangle on the 30-minute close at 154.50.
Projected target 161.25 (+4.4%). The pattern is invalidated beyond 151.00 (-2.3%), a reward-to-risk of about 1.9 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bearish external, bullish internal (strong high 170.99). Nearest supply OB 159.90 - 161.00.
More for WAFI
WAFI company page →Descending Triangle forming
WAFI is compressing inside a descending triangle on the 30-minute chart - 5 swing points, 13.6x ATR wide at the start.
14 Oct 2026 · 14:00 PKT Chart pattern
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