PSX · FERTILIZER · 1 Hour
AGL Falling Wedge breakout
Agritech Limited · 30 Oct 2026 · 08:30 PKT
▲ Bullish Breakout Pattern breakout With the trend
Closed at 43.98 on the breakout. Target 46.22, invalidation 42.00.
Trade plan
● Active- Close
- 43.98
- ▲ 0.53%
- Target
- 46.22
- +5.1%
- Invalidation
- 42.00
- -4.5%
RiskReward
- Reward : risk
- 1.1 : 1
- ATR
- 0.63
- Price now
- 43.69 -0.7%
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
AGL broke above its falling wedge on the hourly close at 43.98.
Projected target 46.22 (+5.1%). The pattern is invalidated beyond 42.00 (-4.5%), a reward-to-risk of about 1.1 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bullish external, bearish internal (strong low 38.68). Nearest demand OB 40.95 - 41.85, supply OB 45.00 - 45.95.
How to read this signal
- 1 The breakout was confirmed by the 1 hour candle closing above the pattern at 43.98.
- 2 The target, 46.22 (+5.1%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 42.00 (-4.5%), cancels the setup.
- 4 Reward : risk is 1.1 : 1: the distance to the target divided by the distance to invalidation.
- 5 Trend context: with 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.