PSX · AUTOMOBILE ASSEMBLER
GAL Falling Wedge breakout — 30 Min chart signal
Ghandhara Automobiles Limited
30 Min 16 Oct 2026 · 09:30 PKT
Close
489.02
▲ 0.83%
Falling Wedge breakout
Pattern breakout Against the trend
GAL broke above its falling wedge on the 30-minute close at 489.02.
Projected target 508.48 (+4.0%). The pattern is invalidated beyond 479.00 (-2.0%), a reward-to-risk of about 1.9 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bearish external, bullish internal (strong high 496.10). Nearest demand OB 482.90 - 484.99, supply OB 498.01 - 503.00.
More for GAL
GAL company page →Falling Wedge forming
GAL is compressing inside a falling wedge on the 30-minute chart - 5 swing points, 12.1x ATR wide at the start.
16 Oct 2026 · 09:30 PKT Chart pattern
Falling Wedge breakout
GAL broke above its falling wedge on the 30-minute close at 484.00.
15 Oct 2026 · 13:00 PKT Pattern breakout
Bearish break of structure
GAL closed below the external swing low at 490.00 from 06 Oct 11:30 - the bearish trend continues.
12 Oct 2026 · 10:00 PKT Market structure · BOS
Bearish break of structure
GAL closed below the external swing low at 490.00 from 06 Oct 11:30 - the bearish trend continues.
12 Oct 2026 · 09:30 PKT Market structure · BOS