PSX · INSURANCE · 1 Hour
AICL Descending Triangle breakdown
Adamjee Insurance Company Limited · 23 Oct 2026 · 10:30 PKT
▼ Bearish Breakout Pattern breakout With the trend
Closed at 91.00 on the breakout. Target 82.22, invalidation 95.25.
Trade plan
● Active- Close
- 91.00
- ▼ 2.34%
- Target
- 82.22
- -9.6%
- Invalidation
- 95.25
- +4.7%
RiskReward
- Reward : risk
- 2.1 : 1
- ATR
- 1.33
- Price now
- 92.00 +1.1%
Outcome measured on the 1 hour 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 1 Hour candles · click to enlarge
The breakdown
AICL broke below its descending triangle on the hourly close at 91.00.
Projected target 82.22 (-9.6%). The pattern is invalidated beyond 95.25 (+4.7%), a reward-to-risk of about 2.1 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bearish external, bearish internal (strong high 100.00). Nearest demand OB 85.50 - 88.50, supply OB 103.95 - 108.20.
How to read this signal
- 1 The breakout was confirmed by the 1 hour candle closing below the pattern at 91.00.
- 2 The target, 82.22 (-9.6%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 95.25 (+4.7%), cancels the setup.
- 4 Reward : risk is 2.1 : 1: the distance to the target divided by the distance to invalidation.
- 5 Trend context: with the trend.
Pattern guide
About the descending triangle
A descending triangle is a falling upper trendline meeting flat support; a close below support usually continues the fall, a close above the trendline signals a reversal.
- Confirmation
- A candle close outside the triangle.
- Target
- The triangle's widest height, projected from the breakout.
- Fails if
- A close back inside the triangle soon after the break (a fake-out).