PSX Wedge Breakout Analysis

Live breakout scanner data · Updated every 10 minutes

B BULL Energy · Refining

PSX is currently showing a bullish wedge compression on the 30-minute timeframe, graded B by the UnxEdge scanner. The current breakout level is $297.35, currently 1.19% away. This pattern has shown a 1.3x profit factor across 14 backtested trades.

Current Setup

Close$293.82 +0.39%
Breakout Level$297.35
Distance to Level1.19%
RVOL0.3×
Pressure76
PatternCompression

Trade Plan

Entry$298.16
Stop$296.20
TP1$300.12
TP2$302.08
TP3$304.04

Chart

PSX breakout scanner chart

Backtest Performance

Win Rate
57%
Profit Factor
1.33x
Avg R
+0.14R
Trades
14
Recent results
DateSideGrade EntryStopTargetExit ResultRBars
Jul 22 BULL A- $212.82 $211.52 $214.12 $214.12 WIN +1.00R 2
Jul 7 BULL A- $180.21 $179.15 $181.26 $179.15 LOSS -1.00R 2
Jul 7 BULL A- $179.74 $178.54 $180.94 $178.54 LOSS -1.00R 4
May 26 BULL A- $178.55 $177.49 $179.61 $177.49 LOSS -1.00R 2
May 11 BULL A- $172.34 $171.24 $173.43 $173.43 WIN +0.99R 2
May 5 BULL A- $181.03 $179.67 $182.39 $179.67 LOSS -1.00R 3
May 4 BULL A- $177.88 $176.04 $179.72 $179.72 WIN +1.00R 2
Apr 29 BULL A- $167.22 $166.18 $168.25 $168.25 WIN +0.99R 2
Apr 15 BEAR A- $157.55 $158.74 $156.37 $158.74 LOSS -1.00R 2

Recent Setup History

DateGradeSideBreakoutDistPressureResolution
2026-10-15 B BULL $297.35 1.19% 76 —
2026-10-13 A- BULL $284.36 0.90% 62 —
2026-10-13 A- BULL $284.36 0.90% 62 —
2026-10-13 A- BULL $284.36 0.90% 62 —
2026-10-13 A- BULL $284.36 0.90% 62 —
2026-10-12 A- BULL $284.36 0.90% 62 —
2026-10-12 A- BULL $284.36 0.90% 62 —
2026-10-12 A- BULL $284.36 0.90% 62 —
2026-10-12 A- BULL $284.36 0.90% 62 —
2026-10-12 A- BULL $284.36 0.90% 62 —

Bot Activity

No bot trades on PSX yet.

Other Active Breakout Setups

Earnings

Next Report2026-10-28 · Before Market Open

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