MCB Breaks Bending Resistance: Breakout and Retest Confirmation MCB Bank LimitedPSX_DLY:MCBmsid1MCB Breaks Bending Resistance: Breakout and Retest Confirmation in Focus MCB has recovered from the 370–375 area and moved above its curved bending resistance on the daily chart. Price is now approaching the highlighted 399–403 resistance zone, with the latest candle closing near 397.74. Bullish Confirmation: I’m watching for a decisive close above 403, followed by a retest of the marked zone as support. A bullish engulfing candle on that retest would strengthen the probability of continued recovery and confirm potential S/R interchange. Upside Scenario: If the breakout and retest hold, price could advance toward 410–412, followed by 420–425. Bearish Scenario: Rejection from the marked zone could lead to a pullback toward 390–394, then 382–386. Failure to hold these areas would weaken the recovery and could bring 370–375 back into focus. The marked bullish engulfing is a condition to wait for; it has not formed yet. Disclaimer: Educational technical observation only — not financial advice.