PSX · REFINERY
CNERGY Descending Triangle breakout — 1 Hour chart signal
Cnergyico PK Limited
1 Hour 14 Oct 2026 · 14:30 PKT
Close
12.64
▲ 2.43%
Descending Triangle breakout
Pattern breakout With the trend
CNERGY broke above its descending triangle on the hourly close at 12.64.
Projected target 14.72 (+16.5%). The pattern is invalidated beyond 12.16 (-3.8%), a reward-to-risk of about 4.3 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bullish external, bearish internal (strong low 9.73). Nearest demand OB 11.41 - 11.50, supply OB 13.69 - 14.33.
More for CNERGY
CNERGY company page →Descending Triangle forming
CNERGY is compressing inside a descending triangle on the hourly chart - 5 swing points, 22.6x ATR wide at the start.
14 Oct 2026 · 14:30 PKT Chart pattern
Bear Pennant forming
CNERGY is building a bear pennant after a 0.91 drop (5.7x ATR) on the hourly chart.
13 Oct 2026 · 11:30 PKT Chart pattern