PSX · MODARABAS · 30 Min
BFMOD Symmetrical Triangle forming
B.F. Modaraba · 19 Oct 2026 · 11:00 PKT
◆ Neutral Forming Chart pattern
Lines to watch
Awaiting breakout- Close
- 22.12
- ▲ 5.33%
- Upper line
- 22.56
- +2.0%
- Lower line
- 21.03
- -4.9%
- ATR
- 0.60
- 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
BFMOD is compressing inside a symmetrical triangle on the 30-minute chart - 5 swing points, 10.1x ATR wide at the start.
Upper line 22.56, lower line 21.03. The pattern has no built-in bias: a 30-minute close above 22.68 confirms an upside breakout, a close below 20.91 a downside break.
Structure: bullish external, bullish internal (strong low 14.30). Nearest demand OB 19.25 - 20.00.
How to read this signal
- 1 Not triggered yet: the pattern is still forming on the 30 min chart.
- 2 A 30 min close above 22.56 (+2.0%) would be an upside breakout.
- 3 A 30 min close below 21.03 (-4.9%) would be a downside breakout.
- 4 Until one of the lines breaks, there is no target or invalidation level.
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.