PSX · CEMENT · 30 Min
DBCI Ascending Triangle forming
Dadabhoy Cement Industries Limited · 23 Oct 2026 · 09:30 PKT
▲ Bullish Forming Chart pattern Against the trend
Lines to watch
Awaiting breakout- Close
- 9.91
- ▲ 0.00%
- Upper line
- 10.28
- +3.7%
- Lower line
- 9.88
- -0.3%
- ATR
- 0.17
- 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
DBCI is compressing inside an ascending triangle on the 30-minute chart - 5 swing points, 6.3x ATR wide at the start.
Upper line 10.28, lower line 9.88. The pattern favours an upside resolution: a 30-minute close above 10.31 confirms an upside breakout, a close below 9.85 a downside break.
Structure: bearish external, bearish internal (strong high 13.97). Nearest demand OB 7.11 - 7.12, supply OB 12.00 - 12.25.
How to read this signal
- 1 Not triggered yet: the pattern is still forming on the 30 min chart.
- 2 A 30 min close above 10.28 (+3.7%) would be an upside breakout.
- 3 A 30 min close below 9.88 (-0.3%) would be a downside breakout.
- 4 Until one of the lines breaks, there is no target or invalidation level.
Pattern guide
About the ascending triangle
An ascending triangle is rising support meeting flat resistance; a close above resistance usually continues the rise, a close below support signals weakness.
- 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.