PSX · TECHNOLOGY & COMMUNICATION · 30 Min
HUMNL Descending Triangle breakdown
Hum Network Limited · 20 Oct 2026 · 09:30 PKT
▼ Bearish Breakout Pattern breakout With the trend
Closed at 8.75 on the breakout. Target 8.85, invalidation 9.50.
Trade plan
✓ Target hit- Close
- 8.75
- ▼ 4.58%
- Target
- 8.85
- +1.1%
- Invalidation
- 9.50
- +8.6%
RiskReward
- Reward : risk
- 0.1 : 1
- ATR
- 0.12
- Price now
- 8.65 -1.1%
- Resolved
- 20 Oct · 10:00
Outcome measured on the 30 min 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 30 Min candles · click to enlarge
The breakdown
HUMNL broke below its descending triangle on the 30-minute close at 8.75.
Projected target 8.85 (+1.1%). The pattern is invalidated beyond 9.50 (+8.6%), a reward-to-risk of about 0.1 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bearish external, bearish internal (strong high 9.50). Nearest supply OB 9.38 - 9.43.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing below the pattern at 8.75.
- 2 The target, 8.85 (+1.1%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 9.50 (+8.6%), cancels the setup.
- 4 Reward : risk is 0.1 : 1: the distance to the target divided by the distance to invalidation.
- 5 Trend context: with the trend.
Pattern guide
About the descending triangle
A descending triangle is a falling upper trendline meeting flat support; a close below support usually continues the fall, a close above the trendline signals a reversal.
- Confirmation
- A candle close outside the triangle.
- Target
- The triangle's widest height, projected from the breakout.
- Fails if
- A close back inside the triangle soon after the break (a fake-out).