Pakistan State Oil Co. Ltd 2025 High Sweep (July 04, 2026)Pakistan State Oil Co. Ltd. Class IPSX_DLY:PSOAsif_Brain_Waves**Trade Idea Title:** **PSO Monthly Outlook: 2025 High Sweep Followed by Possible Deep Pullback** **Symbol / Market:** Pakistan State Oil Co. Ltd. — PSX **Timeframe:** Monthly **Chart Date:** July 04, 2026 After observing the monthly chart of **Pakistan State Oil Co. Ltd.**, the market has swept the **2025 high** and failed to continue higher. Instead of running upward, price reacted aggressively to the downside and created a clear bearish displacement. This tells me that the external buy-side liquidity above the major high has already been taken. Now my main expectation is a deeper pullback toward the **2025 low area**. The move down looks strong because the market did not stay in a clean consolidation after the sweep. It quickly rejected from the high and formed a bearish structure, which supports the reversal/pullback idea. A **yearly bullish FVG** is sitting below the current swing low. This area can become an important higher-timeframe support zone later, and from there price may push higher again. But because the market has already grabbed major external liquidity, I am not expecting a clean upside expansion inside the same yearly candle. A stronger bullish move may take time and could develop in the next one or two yearly candles. When a market sweeps a major high, usually three scenarios can happen: **1. Running highs** Price continues higher after the sweep. In this case, that did not happen. **2. Consolidation** Price stays sideways after taking liquidity. This also looks less likely because price dropped quickly with bearish pressure. **3. Reversal / deep pullback** Price rejects the major high and starts moving toward downside liquidity. This is the scenario I am currently expecting. My view is simple: **PSO may continue lower first, targeting the 2025 low area, then later react from the yearly bullish FVG and create a bigger upside move in the future.** This is a higher-timeframe idea, so patience is important. I will wait for proper confirmation before taking any trade. Risk is always involved.