PSX · INV. BANKS / INV. COS. / SECURITIES COS. · 1 Hour
AMBL Descending Triangle breakout
Apna Microfinance Bank Limited · 22 Oct 2026 · 11:30 PKT
▲ Bullish Breakout Pattern breakout Against the trend
Closed at 19.74 on the breakout. Target 21.75, invalidation 18.13.
Trade plan
● Active- Close
- 19.74
- ▲ 2.76%
- Target
- 21.75
- +10.2%
- Invalidation
- 18.13
- -8.2%
RiskReward
- Reward : risk
- 1.2 : 1
- ATR
- 0.27
- Price now
- 19.74 0.0%
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
AMBL broke above its descending triangle on the hourly close at 19.74.
Projected target 21.75 (+10.2%). The pattern is invalidated beyond 18.13 (-8.2%), a reward-to-risk of about 1.2 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bearish external, bearish internal (strong high 41.00). Nearest demand OB 9.99 - 10.19, supply OB 22.00 - 22.35.
How to read this signal
- 1 The breakout was confirmed by the 1 hour candle closing above the pattern at 19.74.
- 2 The target, 21.75 (+10.2%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 18.13 (-8.2%), cancels the setup.
- 4 Reward : risk is 1.2 : 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).