PSX · ENGINEERING · 30 Min
DSL Symmetrical Triangle forming
Dost Steels Limited · 29 Oct 2026 · 15:00 PKT
◆ Neutral Forming Chart pattern
Lines to watch
Awaiting breakout- Close
- 4.27
- ▲ 3.89%
- Upper line
- 4.33
- +1.4%
- Lower line
- 4.09
- -4.2%
- ATR
- 0.09
- 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
DSL is compressing inside a symmetrical triangle on the 30-minute chart - 5 swing points, 8.2x ATR wide at the start.
Upper line 4.33, lower line 4.09. The pattern has no built-in bias: a 30-minute close above 4.35 confirms an upside breakout, a close below 4.07 a downside break.
Structure: bearish external, bullish internal (strong high 5.08). Nearest demand OB 4.10 - 4.16, supply OB 4.95 - 4.98.
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 4.33 (+1.4%) would be an upside breakout.
- 3 A 30 min close below 4.09 (-4.2%) would be a downside breakout.
- 4 Until one of the lines breaks, there is no target or invalidation level.
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.