PSX · FOOD & PERSONAL CARE PRODUCTS · 30 Min
SHEZ Falling Wedge breakdown
Shezan International Limited · 29 Oct 2026 · 11:00 PKT
▼ Bearish Breakout Pattern breakout Against the trend
Closed at 255.00 on the breakout. Target 242.63, invalidation 279.98.
Trade plan
● Active- Close
- 255.00
- ▼ 1.92%
- Target
- 242.63
- -4.9%
- Invalidation
- 279.98
- +9.8%
RiskReward
- Reward : risk
- 0.5 : 1
- ATR
- 5.06
- Price now
- 270.00 +5.9%
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
SHEZ broke below its falling wedge on the 30-minute close at 255.00.
Projected target 242.63 (-4.9%). The pattern is invalidated beyond 279.98 (+9.8%), a reward-to-risk of about 0.5 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bullish external, bearish internal (strong low 220.10). Nearest demand OB 245.00 - 249.00.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing below the pattern at 255.00.
- 2 The target, 242.63 (-4.9%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 279.98 (+9.8%), cancels the setup.
- 4 Reward : risk is 0.5 : 1: the distance to the target divided by the distance to invalidation.
- 5 Trend context: against the trend.
Pattern guide
About the falling wedge
A falling wedge is two downward-sloping lines that converge; the selling loses momentum and a break above the upper line is usually bullish.
- Confirmation
- A close above the upper wedge line.
- Target
- The wedge's widest height, projected up from the breakout.
- Fails if
- A close back below the upper line or below the wedge's last low.