PSX · CEMENT · 30 Min
LUCK Symmetrical Triangle breakdown
Lucky Cement Limited · 20 Oct 2026 · 15:00 PKT
▼ Bearish Breakout Pattern breakout
Closed at 397.00 on the breakout. Target 389.27, invalidation 403.90.
Trade plan
● Active- Close
- 397.00
- ▼ 0.74%
- Target
- 389.27
- -1.9%
- Invalidation
- 403.90
- +1.7%
RiskReward
- Reward : risk
- 1.1 : 1
- ATR
- 1.62
- Price now
- 399.94 +0.7%
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
LUCK broke below its symmetrical triangle on the 30-minute close at 397.00.
Projected target 389.27 (-1.9%). The pattern is invalidated beyond 403.90 (+1.7%), a reward-to-risk of about 1.1 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bearish external, bearish internal (strong high 428.92). Nearest supply OB 400.50 - 403.94.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing below the pattern at 397.00.
- 2 The target, 389.27 (-1.9%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 403.90 (+1.7%), cancels the setup.
- 4 Reward : risk is 1.1 : 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.