PSX · FOOD & PERSONAL CARE PRODUCTS · 30 Min
MFFL Symmetrical Triangle breakdown
Mitchells Fruit Farms Limited · 22 Oct 2026 · 09:30 PKT
▼ Bearish Breakout Pattern breakout
Closed at 161.26 on the breakout. Target 136.90, invalidation 170.00.
Trade plan
● Active- Close
- 161.26
- ▼ 2.27%
- Target
- 136.90
- -15.1%
- Invalidation
- 170.00
- +5.4%
RiskReward
- Reward : risk
- 2.8 : 1
- ATR
- 2.54
- Price now
- 161.25 0.0%
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
MFFL broke below its symmetrical triangle on the 30-minute close at 161.26.
Projected target 136.90 (-15.1%). The pattern is invalidated beyond 170.00 (+5.4%), a reward-to-risk of about 2.8 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bullish external, bullish internal (strong low 145.00). Nearest demand OB 151.00 - 155.97, supply OB 187.06 - 189.89.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing below the pattern at 161.26.
- 2 The target, 136.90 (-15.1%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 170.00 (+5.4%), cancels the setup.
- 4 Reward : risk is 2.8 : 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.