PSX · POWER GENERATION & DISTRIBUTION · 30 Min
KOHE Descending Triangle breakout
Kohinoor Energy Limited · 19 Oct 2026 · 10:30 PKT
▲ Bullish Breakout Pattern breakout With the trend
Closed at 14.82 on the breakout. Target 15.48, invalidation 14.11.
Trade plan
● Active- Close
- 14.82
- ▲ 0.82%
- Target
- 15.48
- +4.5%
- Invalidation
- 14.11
- -4.8%
RiskReward
- Reward : risk
- 0.9 : 1
- ATR
- 0.19
- Price now
- 14.67 -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
KOHE broke above its descending triangle on the 30-minute close at 14.82.
Projected target 15.48 (+4.5%). The pattern is invalidated beyond 14.11 (-4.8%), 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 12.33). Nearest demand OB 13.10 - 13.40.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing above the pattern at 14.82.
- 2 The target, 15.48 (+4.5%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 14.11 (-4.8%), cancels the setup.
- 4 Reward : risk is 0.9 : 1: the distance to the target divided by the distance to invalidation.
- 5 Trend context: with the trend.
Pattern guide
About the descending triangle
A descending triangle is a falling upper trendline meeting flat support; a close below support usually continues the fall, a close above the trendline signals a reversal.
- 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 (a fake-out).