PSX · INV. BANKS / INV. COS. / SECURITIES COS. · 30 Min
FCSC Ascending Triangle breakdown
First Capital Securities Corporation · 19 Oct 2026 · 09:30 PKT
▼ Bearish Breakout Pattern breakout Against the trend
Closed at 5.12 on the breakout. Target 4.91, invalidation 5.35.
Trade plan
● Active- Close
- 5.12
- ▼ 0.97%
- Target
- 4.91
- -4.1%
- Invalidation
- 5.35
- +4.5%
RiskReward
- Reward : risk
- 0.9 : 1
- ATR
- 0.09
- Price now
- 5.07 -1.0%
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
FCSC broke below its ascending triangle on the 30-minute close at 5.12.
Projected target 4.91 (-4.1%). The pattern is invalidated beyond 5.35 (+4.5%), a reward-to-risk of about 0.9 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bullish external, bullish internal (strong low 4.31). Nearest bearish FVG 5.48 - 5.55.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing below the pattern at 5.12.
- 2 The target, 4.91 (-4.1%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 5.35 (+4.5%), cancels the setup.
- 4 Reward : risk is 0.9 : 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.