PSX · ENGINEERING · 1 Hour
KSBP Symmetrical Triangle breakdown
KSB Pumps Company Limited · 19 Oct 2026 · 13:30 PKT
▼ Bearish Breakout Pattern breakout
Closed at 214.00 on the breakout. Target 193.54, invalidation 224.90.
Trade plan
● Active- Close
- 214.00
- ▼ 1.75%
- Target
- 193.54
- -9.6%
- Invalidation
- 224.90
- +5.1%
RiskReward
- Reward : risk
- 1.9 : 1
- ATR
- 3.45
- Price now
- 207.50 -3.0%
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
KSBP broke below its symmetrical triangle on the hourly close at 214.00.
Projected target 193.54 (-9.6%). The pattern is invalidated beyond 224.90 (+5.1%), a reward-to-risk of about 1.9 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bullish external, bullish internal (strong low 199.22). Nearest demand OB 205.00 - 205.01, supply OB 245.00 - 249.90.
How to read this signal
- 1 The breakout was confirmed by the 1 hour candle closing below the pattern at 214.00.
- 2 The target, 193.54 (-9.6%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 224.90 (+5.1%), cancels the setup.
- 4 Reward : risk is 1.9 : 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.