PSX · INV. BANKS / INV. COS. / SECURITIES COS. · Daily
MCBIM Falling Wedge breakdown
MCB Investment Management Limited. · 22 Oct 2026
▼ Bearish Breakout Pattern breakout Against the trend
Closed at 137.00 on the breakout. Target 103.38, invalidation 177.65.
Trade plan
- Close
- 137.00
- ▼ 5.50%
- Target
- 103.38
- -24.5%
- Invalidation
- 177.65
- +29.7%
RiskReward
- Reward : risk
- 0.8 : 1
- ATR
- 5.83
- 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
MCBIM broke below its falling wedge on the daily close at 137.00.
Projected target 103.38 (-24.5%). The pattern is invalidated beyond 177.65 (+29.7%), a reward-to-risk of about 0.8 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bullish external, bearish internal (strong low 34.50). Nearest demand OB 38.51 - 41.95, supply OB 190.00 - 196.54.
How to read this signal
- 1 The breakout was confirmed by the daily candle closing below the pattern at 137.00.
- 2 The target, 103.38 (-24.5%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 177.65 (+29.7%), cancels the setup.
- 4 Reward : risk is 0.8 : 1: the distance to the target divided by the distance to invalidation.
- 5 Trend context: against 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.