PSX · SUGAR & ALLIED INDUSTRIES · Daily
ADAMS Symmetrical Triangle forming
Adam Sugar Mills Limited · 26 Oct 2026
◆ Neutral Forming Chart pattern
Lines to watch
Awaiting breakout- Close
- 65.75
- ▲ 0.00%
- Upper line
- 66.56
- +1.2%
- Lower line
- 65.56
- -0.3%
- ATR
- 3.32
- 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
ADAMS is compressing inside a symmetrical triangle on the daily chart - 5 swing points, 10.2x ATR wide at the start.
Upper line 66.56, lower line 65.56. The pattern has no built-in bias: a daily close above 67.22 confirms an upside breakout, a close below 64.90 a downside break.
Structure: bullish external, bullish internal (strong low 44.12). Nearest demand OB 47.00 - 49.10, supply OB 77.80 - 81.80.
How to read this signal
- 1 Not triggered yet: the pattern is still forming on the daily chart.
- 2 A daily close above 66.56 (+1.2%) would be an upside breakout.
- 3 A daily close below 65.56 (-0.3%) would be a downside breakout.
- 4 Until one of the lines breaks, there is no target or invalidation level.
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.