PSX · AUTOMOBILE PARTS & ACCESSORIES
EXIDE Descending Triangle breakdown — 1 Hour chart signal
Exide Pakistan Limited
1 Hour 15 Oct 2026 · 12:30 PKT
Close
382.99
▼ 4.26%
Descending Triangle breakdown
Pattern breakout Against the trend
EXIDE broke below its descending triangle on the hourly close at 382.99.
Projected target 388.71 (+1.5%). The pattern is invalidated beyond 419.90 (+9.6%), a reward-to-risk of about 0.2 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bullish external, bearish internal (strong low 365.00). Nearest supply OB 403.10 - 405.99.