PSX · ENGINEERING · 30 Min
DSL Symmetrical Triangle breakout
Dost Steels Limited · 30 Oct 2026 · 09:00 PKT
▲ Bullish Breakout Pattern breakout
Closed at 4.70 on the breakout. Target 4.51, invalidation 4.09.
Trade plan
✓ Target hit- Close
- 4.70
- ▲ 10.07%
- Target
- 4.51
- -4.0%
- Invalidation
- 4.09
- -13.0%
RiskReward
- Reward : risk
- 0.3 : 1
- ATR
- 0.12
- Price now
- 4.49 -4.5%
- Resolved
- 30 Oct · 09:30
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
DSL broke above its symmetrical triangle on the 30-minute close at 4.70.
Projected target 4.51 (-4.0%). The pattern is invalidated beyond 4.09 (-13.0%), a reward-to-risk of about 0.3 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
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 The breakout was confirmed by the 30 min candle closing above the pattern at 4.70.
- 2 The target, 4.51 (-4.0%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 4.09 (-13.0%), cancels the setup.
- 4 Reward : risk is 0.3 : 1: the distance to the target divided by the distance to invalidation.
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.