PSX · TEXTILE COMPOSITE · 30 Min
ARUJ Ascending Triangle breakdown
Aruj Industries Limited · 19 Oct 2026 · 10:30 PKT
▼ Bearish Breakout Pattern breakout Against the trend
Closed at 9.20 on the breakout. Target 8.49, invalidation 9.88.
Trade plan
● Active- Close
- 9.20
- ▼ 2.13%
- Target
- 8.49
- -7.7%
- Invalidation
- 9.88
- +7.4%
RiskReward
- Reward : risk
- 1.0 : 1
- ATR
- 0.20
- Price now
- 9.43 +2.5%
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
ARUJ broke below its ascending triangle on the 30-minute close at 9.20.
Projected target 8.49 (-7.7%). The pattern is invalidated beyond 9.88 (+7.4%), a reward-to-risk of about 1.0 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bullish external, bullish internal (strong low 7.25). Nearest demand OB 8.00 - 8.47, supply OB 12.90 - 13.00.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing below the pattern at 9.20.
- 2 The target, 8.49 (-7.7%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 9.88 (+7.4%), cancels the setup.
- 4 Reward : risk is 1.0 : 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.