PSX · Indices · 30 Min
KMI30 Descending Triangle breakdown
KMI30 Index · 22 Oct 2026 · 11:30 PKT
▼ Bearish Breakout Pattern breakout Against the trend
Closed at 236,505.66 on the breakout. Target 233,586.15, invalidation 239,169.91.
Trade plan
● Active- Close
- 236,505.66
- ▼ 0.16%
- Target
- 233,586.15
- -1.2%
- Invalidation
- 239,169.91
- +1.1%
RiskReward
- Reward : risk
- 1.1 : 1
- ATR
- 581.32
- Price now
- 235,350.16 -0.5%
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
KMI30 broke below its descending triangle on the 30-minute close at 236,505.66.
Projected target 233,586.15 (-1.2%). The pattern is invalidated beyond 239,169.91 (+1.1%), a reward-to-risk of about 1.1 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bullish external, bullish internal (strong low 100,710.58). Nearest demand OB 101,666.46 - 101,812.11.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing below the pattern at 236,505.66.
- 2 The target, 233,586.15 (-1.2%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 239,169.91 (+1.1%), cancels the setup.
- 4 Reward : risk is 1.1 : 1: the distance to the target divided by the distance to invalidation.
- 5 Trend context: against 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).