PSX Wedge Breakout Analysis
Live breakout scanner data · Updated every 10 minutes
B
BEAR
Energy · Refining
PSX is currently showing a bearish wedge compression on the 30-minute timeframe, graded B by the UnxEdge scanner. The current breakout level is $178.92, currently 3.16% away. This pattern has shown a 1.5x profit factor across 10 backtested trades.
Current Setup
Close$173.27
Breakout Level$178.92
Distance to Level3.16% (crossed)
RVOL1.0×
Pressure68
PatternCompression
Trade Plan
Entry$178.40
Stop$179.64
TP1$177.17
TP2$175.93
TP3$174.69
Chart
Backtest Performance
Win Rate
60%
Profit Factor
1.50x
Avg R
+0.20R
Trades
10
Recent results
| Date | Side | Grade | Entry | Stop | Target | Exit | Result | R | Bars |
|---|---|---|---|---|---|---|---|---|---|
| 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
| Date | Grade | Side | Breakout | Dist | Pressure | Resolution |
|---|---|---|---|---|---|---|
| 2026-06-15 | B | BEAR | $178.92 | 0.32% | 68 | — |
| 2026-06-15 | B | BEAR | $178.92 | 0.32% | 68 | — |
| 2026-06-15 | B | BEAR | $178.92 | 0.32% | 68 | — |
| 2026-06-15 | B | BEAR | $178.92 | 0.32% | 68 | — |
| 2026-06-12 | B | BEAR | $178.92 | 0.32% | 68 | — |
| 2026-06-12 | B | BEAR | $178.92 | 0.32% | 68 | — |
| 2026-06-12 | B | BEAR | $178.92 | 0.32% | 68 | — |
| 2026-06-12 | B | BEAR | $178.92 | 0.32% | 68 | — |
| 2026-06-12 | B | BEAR | $178.92 | 0.32% | 68 | — |
| 2026-06-12 | B | BEAR | $178.92 | 0.32% | 68 | — |
Bot Activity
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