PSX · MISCELLANEOUS · 1 Hour
TISL Symmetrical Triangle breakdown
Tasdeeq Information Services Limited · 19 Oct 2026 · 14:30 PKT
▼ Bearish Breakout Pattern breakout
Closed at 4.83 on the breakout. Target 4.43, invalidation 5.09.
Trade plan
● Active- Close
- 4.83
- ▼ 0.82%
- Target
- 4.43
- -8.3%
- Invalidation
- 5.09
- +5.4%
RiskReward
- Reward : risk
- 1.5 : 1
- ATR
- 0.08
- Price now
- 4.82 -0.2%
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
TISL broke below its symmetrical triangle on the hourly close at 4.83.
Projected target 4.43 (-8.3%). The pattern is invalidated beyond 5.09 (+5.4%), 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: undefined external, bearish internal. Nearest demand OB 4.01 - 4.28.
How to read this signal
- 1 The breakout was confirmed by the 1 hour candle closing below the pattern at 4.83.
- 2 The target, 4.43 (-8.3%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 5.09 (+5.4%), 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.