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PSX · PHARMACEUTICALS

HALEON Descending Triangle forming — 1 Hour chart signal

Haleon Pakistan Limited

1 Hour 16 Oct 2026 · 15:30 PKT

Close

698.00

▲ 2.89%

▼ Bearish

Descending Triangle forming

Chart pattern With the trend

HALEON Descending Triangle forming on the 1 hour chart, 16 Oct 2026 · 15:30 PKT — PSX pattern signal by Smart Money
SMC Structure · Order Blocks · FVG · Pattern Detector 1 Hour candles
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HALEON is compressing inside a descending triangle on the hourly chart - 5 swing points, 14.3x ATR wide at the start.

Upper line 679.69, lower line 674.70. The pattern favours a downside resolution: a hourly close above 680.71 confirms an upside breakout, a close below 673.68 a downside break.

Structure: bearish external, bullish internal (strong high 699.00). Nearest demand OB 657.00 - 665.00, supply OB 784.50 - 785.50.

Analysis by

Smart Money

smartmoney.pk · @smartmoneypk

Technical analysis for education only — not investment advice. Patterns can fail; manage your own risk.

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