PSX · AUTOMOBILE ASSEMBLER
DFML Descending Triangle forming — 30 Min chart signal
Dewan Farooque Motors Limited
30 Min 15 Oct 2026 · 14:30 PKT
Close
16.10
▲ 0.00%
Descending Triangle forming
Chart pattern Against the trend
DFML is compressing inside a descending triangle on the 30-minute chart - 5 swing points, 8.9x ATR wide at the start.
Upper line 16.22, lower line 15.83. The pattern favours a downside resolution: a 30-minute close above 16.26 confirms an upside breakout, a close below 15.79 a downside break.
Structure: bullish external, bearish internal (strong low 14.70). Nearest demand OB 15.46 - 15.70, supply OB 16.96 - 17.19.