PSX · POWER GENERATION & DISTRIBUTION · 30 Min
KOHE Symmetrical Triangle breakout
Kohinoor Energy Limited · 22 Oct 2026 · 12:00 PKT
▲ Bullish Breakout Pattern breakout
Closed at 14.60 on the breakout. Target 15.12, invalidation 14.37.
Trade plan
✓ Target hit- Close
- 14.60
- ▲ 0.76%
- Target
- 15.12
- +3.6%
- Invalidation
- 14.37
- -1.6%
RiskReward
- Reward : risk
- 2.3 : 1
- ATR
- 0.15
- Price now
- 15.83 +8.4%
- Resolved
- 22 Oct · 12:30
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 symmetrical triangle on the 30-minute close at 14.60.
Projected target 15.12 (+3.6%). The pattern is invalidated beyond 14.37 (-1.6%), a reward-to-risk of about 2.3 : 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). Nearest demand OB 13.10 - 13.40.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing above the pattern at 14.60.
- 2 The target, 15.12 (+3.6%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 14.37 (-1.6%), cancels the setup.
- 4 Reward : risk is 2.3 : 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.