PSX · MODARABAS · 1 Hour
FIBLM Ascending Triangle breakdown
First IBL Modaraba · 26 Oct 2026 · 10:30 PKT
▼ Bearish Breakout Pattern breakout Against the trend
Closed at 14.90 on the breakout. Target 13.89, invalidation 16.70.
Trade plan
● Active- Close
- 14.90
- ▼ 1.33%
- Target
- 13.89
- -6.8%
- Invalidation
- 16.70
- +12.1%
RiskReward
- Reward : risk
- 0.6 : 1
- ATR
- 0.54
- Price now
- 14.89 -0.1%
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
FIBLM broke below its ascending triangle on the hourly close at 14.90.
Projected target 13.89 (-6.8%). The pattern is invalidated beyond 16.70 (+12.1%), a reward-to-risk of about 0.6 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bullish external, bearish internal (strong low 9.12). Nearest demand OB 12.00 - 12.60, supply OB 15.00 - 16.25.
How to read this signal
- 1 The breakout was confirmed by the 1 hour candle closing below the pattern at 14.90.
- 2 The target, 13.89 (-6.8%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 16.70 (+12.1%), cancels the setup.
- 4 Reward : risk is 0.6 : 1: the distance to the target divided by the distance to invalidation.
- 5 Trend context: against 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.