PSX · OIL & GAS MARKETING COMPANIES
BPL Falling Wedge breakout — 30 Min chart signal
Burshane LPG (Pakistan) Limited
30 Min 15 Oct 2026 · 15:00 PKT
Close
46.96
▲ 0.99%
Falling Wedge breakout
Pattern breakout Against the trend
BPL broke above its falling wedge on the 30-minute close at 46.96.
Projected target 48.93 (+4.2%). The pattern is invalidated beyond 45.00 (-4.2%), a reward-to-risk of about 1.0 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bearish external, bearish internal (strong high 50.19). Nearest demand OB 43.00 - 44.40, supply OB 51.32 - 51.90.
More for BPL
BPL company page →Falling Wedge forming
BPL is compressing inside a falling wedge on the 30-minute chart - 5 swing points, 10.4x ATR wide at the start.
15 Oct 2026 · 15:00 PKT Chart pattern
Bearish break of structure
BPL closed below the external swing low at 46.70 from 06 Oct 14:00 - the bearish trend continues.
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