PSX · POWER GENERATION & DISTRIBUTION · 30 Min
KOHE Falling Wedge breakout
Kohinoor Energy Limited · 22 Oct 2026 · 09:30 PKT
▲ Bullish Breakout Pattern breakout With the trend
Closed at 14.89 on the breakout. Target 15.36, invalidation 14.30.
Trade plan
● Active- Close
- 14.89
- ▲ 2.41%
- Target
- 15.36
- +3.2%
- Invalidation
- 14.30
- -4.0%
RiskReward
- Reward : risk
- 0.8 : 1
- ATR
- 0.13
- Price now
- 14.49 -2.7%
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
KOHE broke above its falling wedge on the 30-minute close at 14.89.
Projected target 15.36 (+3.2%). The pattern is invalidated beyond 14.30 (-4.0%), a reward-to-risk of about 0.8 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bullish external, bullish internal (strong low 14.01).
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing above the pattern at 14.89.
- 2 The target, 15.36 (+3.2%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 14.30 (-4.0%), cancels the setup.
- 4 Reward : risk is 0.8 : 1: the distance to the target divided by the distance to invalidation.
- 5 Trend context: with the trend.
Pattern guide
About the falling wedge
A falling wedge is two downward-sloping lines that converge; the selling loses momentum and a break above the upper line is usually bullish.
- Confirmation
- A close above the upper wedge line.
- Target
- The wedge's widest height, projected up from the breakout.
- Fails if
- A close back below the upper line or below the wedge's last low.