PSX · MISCELLANEOUS · 30 Min
SHFA Ascending Triangle breakdown
Shifa International Hospitals Limited · 26 Oct 2026 · 10:30 PKT
▼ Bearish Breakout Pattern breakout With the trend
Closed at 438.00 on the breakout. Target 426.04, invalidation 452.00.
Trade plan
● Active- Close
- 438.00
- ▼ 1.79%
- Target
- 426.04
- -2.7%
- Invalidation
- 452.00
- +3.2%
RiskReward
- Reward : risk
- 0.9 : 1
- ATR
- 6.19
- Price now
- 440.02 +0.5%
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
SHFA broke below its ascending triangle on the 30-minute close at 438.00.
Projected target 426.04 (-2.7%). The pattern is invalidated beyond 452.00 (+3.2%), a reward-to-risk of about 0.9 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bearish external, bearish internal (strong high 520.00). Nearest supply OB 475.00 - 477.00.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing below the pattern at 438.00.
- 2 The target, 426.04 (-2.7%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 452.00 (+3.2%), cancels the setup.
- 4 Reward : risk is 0.9 : 1: the distance to the target divided by the distance to invalidation.
- 5 Trend context: with the trend.
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.