PSX · TEXTILE COMPOSITE · 30 Min
ADMM Symmetrical Triangle breakdown
Artistic Denim Mills Limited · 20 Oct 2026 · 15:00 PKT
▼ Bearish Breakout Pattern breakout
Closed at 50.49 on the breakout. Target 45.28, invalidation 52.00.
Trade plan
● Active- Close
- 50.49
- ▼ 1.00%
- Target
- 45.28
- -10.3%
- Invalidation
- 52.00
- +3.0%
RiskReward
- Reward : risk
- 3.5 : 1
- ATR
- 0.49
- Price now
- 50.99 +1.0%
Outcome measured on the 30 min bars after the signal: target or invalidation, whichever is touched first; a bar touching both counts as invalidated.
- Target
- Invalidation
- Pattern lines
- Fair value gap (bull / bear)
- Order block
- Strong / weak high and low
- BOS · CHoCHstructure breaks
SMC Structure · Order Blocks · FVG · Pattern Detector 30 Min candles · click to enlarge
The breakdown
ADMM broke below its symmetrical triangle on the 30-minute close at 50.49.
Projected target 45.28 (-10.3%). The pattern is invalidated beyond 52.00 (+3.0%), a reward-to-risk of about 3.5 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bearish external, bullish internal (strong high 63.50). Nearest demand OB 45.30 - 46.98, supply OB 58.01 - 59.47.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing below the pattern at 50.49.
- 2 The target, 45.28 (-10.3%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 52.00 (+3.0%), cancels the setup.
- 4 Reward : risk is 3.5 : 1: the distance to the target divided by the distance to invalidation.
Pattern guide
About the symmetrical triangle
A symmetrical triangle is lower highs and higher lows converging: indecision that resolves with a breakout in either direction.
- Confirmation
- A candle close beyond the upper or lower line.
- Target
- The triangle's widest height, projected from the breakout.
- Fails if
- A close back inside the triangle soon after the break.