PSX · CHEMICAL
ICL Descending Triangle breakout — 30 Min chart signal
Ittehad Chemicals Limted
30 Min 15 Oct 2026 · 11:30 PKT
Close
130.99
▲ 2.34%
Descending Triangle breakout
Pattern breakout With the trend
ICL broke above its descending triangle on the 30-minute close at 130.99.
Projected target 132.79 (+1.4%). The pattern is invalidated beyond 126.00 (-3.8%), a reward-to-risk of about 0.4 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bullish external, bullish internal (strong low 110.03). Nearest demand OB 126.96 - 128.89, supply OB 136.95 - 137.00.
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