PSX · Indices · Daily
KMIALLSHR Falling Wedge breakdown
KMI ALL Shares Index · 23 Oct 2026
▼ Bearish Breakout Pattern breakout With the trend
Closed at 63,955.68 on the breakout. Target 59,979.90, invalidation 67,838.38.
Trade plan
- Close
- 63,955.68
- ▼ 1.13%
- Target
- 59,979.90
- -6.2%
- Invalidation
- 67,838.38
- +6.1%
RiskReward
- Reward : risk
- 1.0 : 1
- ATR
- 630.99
- 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 Daily candles · click to enlarge
The breakdown
KMIALLSHR broke below its falling wedge on the daily close at 63,955.68.
Projected target 59,979.90 (-6.2%). The pattern is invalidated beyond 67,838.38 (+6.1%), a reward-to-risk of about 1.0 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bearish external, bearish internal (strong high 73,409.73). Nearest demand OB 49,299.61 - 50,834.87, supply OB 65,278.52 - 65,790.56.
How to read this signal
- 1 The breakout was confirmed by the daily candle closing below the pattern at 63,955.68.
- 2 The target, 59,979.90 (-6.2%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 67,838.38 (+6.1%), cancels the setup.
- 4 Reward : risk is 1.0 : 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.