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Pattern guide · Usually bullish

Falling wedge

A falling wedge is two downward-sloping lines that converge; the selling loses momentum and a break above the upper line is usually bullish.

Breakout record on PSX · last 90 days

53%

10 of 19 resolved breakouts reached their target before invalidation.

10
Target
9
Invalid.
1
Expired
22
Active

Measured on the bars after each breakout: target or invalidation, whichever is touched first. Past outcomes do not predict future ones.

How the falling wedge works

Price makes lower highs and lower lows, but the lows fall more slowly than the highs. The narrowing range shows sellers running out of force.

It can appear as a reversal after a decline or as a pause within an uptrend.

Confirmation
A close above the upper wedge line.
Target
The wedge's widest height, projected up from the breakout.
Fails if
A close back below the upper line or below the wedge's last low.

Latest falling wedge signals

GVGL chart 30 Min Breakout
GVGL ▲ Bullish

Falling Wedge breakout

GVGL broke above its falling wedge on the 30-minute close at 50.99.

Close
50.99
Target
52.91
+3.8%
Stop
50.06
-1.8%
● Active R:R 2.1

16 Oct 2026 · 16:00 PKT Chart pattern

GWLC chart 1 Hour Forming
GWLC ▲ Bullish

Falling Wedge forming

GWLC is compressing inside a falling wedge on the hourly chart - 5 swing points, 7.8x ATR wide at the start.

Close
45.42
Above
46.42
+2.2%
Below
44.03
-3.1%
Awaiting breakout

16 Oct 2026 · 15:30 PKT Chart pattern

MACTER chart 1 Hour Breakout
MACTER ▲ Bullish

Falling Wedge breakout

MACTER broke above its falling wedge on the hourly close at 246.00.

Close
246.00
Target
264.73
+7.6%
Stop
241.00
-2.0%
● Active R:R 3.7

16 Oct 2026 · 14:30 PKT Chart pattern

BECO chart 30 Min Breakout
BECO ▲ Bullish

Falling Wedge breakout

BECO broke above its falling wedge on the 30-minute close at 4.34.

Close
4.34
Target
4.45
+2.5%
Stop
4.14
-4.6%
● Active R:R 0.6

16 Oct 2026 · 14:30 PKT Chart pattern

GVGL chart 30 Min Breakout
GVGL ▲ Bullish

Falling Wedge breakout

GVGL broke above its falling wedge on the 30-minute close at 52.95.

Close
52.95
Target
53.08
+0.2%
Stop
50.06
-5.5%
● Active R:R 0.0

16 Oct 2026 · 09:30 PKT Chart pattern

GAL chart 30 Min Breakout
GAL ▲ Bullish

Falling Wedge breakout

GAL broke above its falling wedge on the 30-minute close at 489.02.

Close
489.02
Target
508.48
+4.0%
Stop
479.00
-2.0%
● Active R:R 1.9

16 Oct 2026 · 09:30 PKT Chart pattern

JSGCL chart 30 Min Breakout
JSGCL ▲ Bullish

Falling Wedge breakout

JSGCL broke above its falling wedge on the 30-minute close at 136.50.

Close
136.50
Target
156.59
+14.7%
Stop
119.51
-12.4%
● Active R:R 1.2

16 Oct 2026 · 09:00 PKT Chart pattern

ACIETF chart Daily Forming
ACIETF ▲ Bullish

Falling Wedge forming

ACIETF is compressing inside a falling wedge on the daily chart - 5 swing points, 6.7x ATR wide at the start.

Close
16.11
Above
17.08
+6.0%
Below
15.42
-4.3%
Awaiting breakout

16 Oct 2026 Chart pattern

BPL chart 30 Min Breakout
BPL ▲ Bullish

Falling Wedge breakout

BPL broke above its falling wedge on the 30-minute close at 46.96.

Close
46.96
Target
48.93
+4.2%
Stop
45.00
-4.2%
● Active R:R 1.0

15 Oct 2026 · 15:00 PKT Chart pattern

AHCL chart 30 Min Breakout
AHCL ▼ Bearish

Falling Wedge breakdown

AHCL broke below its falling wedge on the 30-minute close at 15.10.

Close
15.10
Target
14.94
-1.1%
Stop
15.59
+3.2%
● Active R:R 0.3

15 Oct 2026 · 15:00 PKT Chart pattern

GAL chart 30 Min Breakout
GAL ▲ Bullish

Falling Wedge breakout

GAL broke above its falling wedge on the 30-minute close at 484.00.

Close
484.00
Target
535.04
+10.5%
Stop
482.00
-0.4%
✕ Invalidated R:R 25.5

15 Oct 2026 · 13:00 PKT Chart pattern

BECO chart 30 Min Forming
BECO ▲ Bullish

Falling Wedge forming

BECO is compressing inside a falling wedge on the 30-minute chart - 5 swing points, 7.8x ATR wide at the start.

Close
4.27
Above
4.31
+0.9%
Below
4.12
-3.5%
Awaiting breakout

15 Oct 2026 · 12:30 PKT Chart pattern

AHCL chart 30 Min Breakout
AHCL ▼ Bearish

Falling Wedge breakdown

AHCL broke below its falling wedge on the 30-minute close at 15.20.

Close
15.20
Target
14.96
-1.6%
Stop
15.59
+2.6%
✓ Target hit R:R 0.6

15 Oct 2026 · 12:30 PKT Chart pattern

GEMPAPL chart 30 Min Breakout
GEMPAPL ▲ Bullish

Falling Wedge breakout

GEMPAPL broke above its falling wedge on the 30-minute close at 9.99.

Close
9.99
Target
10.77
+7.8%
Stop
9.30
-6.9%
● Active R:R 1.1

15 Oct 2026 · 12:00 PKT Chart pattern

DIIL chart 30 Min Breakout
DIIL ▲ Bullish

Falling Wedge breakout

DIIL broke above its falling wedge on the 30-minute close at 70.50.

Close
70.50
Target
69.04
-2.1%
Stop
60.00
-14.9%
✓ Target hit R:R 0.1

15 Oct 2026 · 11:00 PKT Chart pattern

SAZEW chart 30 Min Breakout
SAZEW ▲ Bullish

Falling Wedge breakout

SAZEW broke above its falling wedge on the 30-minute close at 1,553.00.

Close
1,553.00
Target
1,583.79
+2.0%
Stop
1,526.00
-1.7%
● Active R:R 1.1

15 Oct 2026 · 10:30 PKT Chart pattern

ITANZ chart 30 Min Breakout
ITANZ ▲ Bullish

Falling Wedge breakout

ITANZ broke above its falling wedge on the 30-minute close at 29.18.

Close
29.18
Target
32.37
+10.9%
Stop
28.01
-4.0%
● Active R:R 2.7

15 Oct 2026 · 10:00 PKT Chart pattern

HTL chart 30 Min Breakout
HTL ▲ Bullish

Falling Wedge breakout

HTL broke above its falling wedge on the 30-minute close at 36.00.

Close
36.00
Target
36.70
+1.9%
Stop
35.12
-2.4%
✓ Target hit R:R 0.8

15 Oct 2026 · 10:00 PKT Chart pattern

NRSL chart 1 Hour Breakout
NRSL ▲ Bullish

Falling Wedge breakout

NRSL broke above its falling wedge on the hourly close at 34.25.

Close
34.25
Target
35.25
+2.9%
Stop
32.60
-4.8%
● Active R:R 0.6

15 Oct 2026 · 09:30 PKT Chart pattern

FCL chart 30 Min Breakout
FCL ▼ Bearish

Falling Wedge breakdown

FCL broke below its falling wedge on the 30-minute close at 25.15.

Close
25.15
Target
25.26
+0.4%
Stop
27.24
+8.3%
✓ Target hit R:R 0.1

15 Oct 2026 · 09:30 PKT Chart pattern

MEBL chart 30 Min Breakout
MEBL ▲ Bullish

Falling Wedge breakout

MEBL broke above its falling wedge on the 30-minute close at 546.98.

Close
546.98
Target
554.49
+1.4%
Stop
540.80
-1.1%
● Active R:R 1.2

14 Oct 2026 · 15:00 PKT Chart pattern

DEL chart 30 Min Breakout
DEL ▲ Bullish

Falling Wedge breakout

DEL broke above its falling wedge on the 30-minute close at 16.79.

Close
16.79
Target
17.15
+2.1%
Stop
16.10
-4.1%
✓ Target hit R:R 0.5

14 Oct 2026 · 15:00 PKT Chart pattern

AHCL chart 30 Min Forming
AHCL ▲ Bullish

Falling Wedge forming

AHCL is compressing inside a falling wedge on the 30-minute chart - 5 swing points, 6.3x ATR wide at the start.

Close
15.49
Above
15.52
+0.2%
Below
15.24
-1.6%
Awaiting breakout

14 Oct 2026 · 14:30 PKT Chart pattern

ILP chart 1 Hour Breakout
ILP ▲ Bullish

Falling Wedge breakout

ILP broke above its falling wedge on the hourly close at 94.74.

Close
94.74
Target
99.52
+5.0%
Stop
93.16
-1.7%
● Active R:R 3.0

14 Oct 2026 · 13:30 PKT Chart pattern

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

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