PSX · AUTOMOBILE ASSEMBLER · 1 Hour
ATLH Symmetrical Triangle breakdown
Atlas Honda Limited · 19 Oct 2026 · 10:30 PKT
▼ Bearish Breakout Pattern breakout
Closed at 1,559.00 on the breakout. Target 1,523.50, invalidation 1,586.00.
Trade plan
● Active- Close
- 1,559.00
- ▼ 0.57%
- Target
- 1,523.50
- -2.3%
- Invalidation
- 1,586.00
- +1.7%
RiskReward
- Reward : risk
- 1.3 : 1
- ATR
- 11.02
- Price now
- 1,564.99 +0.4%
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
ATLH broke below its symmetrical triangle on the hourly close at 1,559.00.
Projected target 1,523.50 (-2.3%). The pattern is invalidated beyond 1,586.00 (+1.7%), a reward-to-risk of about 1.3 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bullish external, bullish internal (strong low 1,350.00). Nearest demand OB 1,440.00 - 1,465.00, supply OB 1,789.88 - 1,810.00.
How to read this signal
- 1 The breakout was confirmed by the 1 hour candle closing below the pattern at 1,559.00.
- 2 The target, 1,523.50 (-2.3%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 1,586.00 (+1.7%), cancels the setup.
- 4 Reward : risk is 1.3 : 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.