PSX · COMMERCIAL BANKS · 1 Hour
FABL Symmetrical Triangle breakdown
Faysal Bank Limited · 19 Oct 2026 · 11:30 PKT
▼ Bearish Breakout Pattern breakout
Closed at 91.25 on the breakout. Target 89.04, invalidation 92.72.
Trade plan
● Active- Close
- 91.25
- ▲ 0.00%
- Target
- 89.04
- -2.4%
- Invalidation
- 92.72
- +1.6%
RiskReward
- Reward : risk
- 1.5 : 1
- ATR
- 0.50
- Price now
- 91.20 -0.1%
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
FABL broke below its symmetrical triangle on the hourly close at 91.25.
Projected target 89.04 (-2.4%). The pattern is invalidated beyond 92.72 (+1.6%), a reward-to-risk of about 1.5 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bearish external, bearish internal (strong high 105.49). Nearest demand OB 81.17 - 82.00, supply OB 96.50 - 97.40.
How to read this signal
- 1 The breakout was confirmed by the 1 hour candle closing below the pattern at 91.25.
- 2 The target, 89.04 (-2.4%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 92.72 (+1.6%), cancels the setup.
- 4 Reward : risk is 1.5 : 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.