Falling Wedge Pattern, which is typically a bullish reversal formation.
The price has been consolidating downwards within two converging trendlines.
It has now broken above the upper wedge resistance, signaling a potential bullish breakout.
The neckline around 455 PKR (highlighted zone) acts as an immediate confirmation level.
The price has been consolidating downwards within two converging trendlines.
It has now broken above the upper wedge resistance, signaling a potential bullish breakout.
The neckline around 455 PKR (highlighted zone) acts as an immediate confirmation level.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.