PSX · MODARABAS · 30 Min
BFMOD Descending Triangle breakout
B.F. Modaraba · 27 Oct 2026 · 15:00 PKT
▲ Bullish Breakout Pattern breakout With the trend
Closed at 22.80 on the breakout. Target 23.95, invalidation 21.00.
Trade plan
● Active- Close
- 22.80
- ▲ 6.59%
- Target
- 23.95
- +5.0%
- Invalidation
- 21.00
- -7.9%
RiskReward
- Reward : risk
- 0.6 : 1
- ATR
- 0.49
- Price now
- 22.10 -3.1%
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
BFMOD broke above its descending triangle on the 30-minute close at 22.80.
Projected target 23.95 (+5.0%). The pattern is invalidated beyond 21.00 (-7.9%), a reward-to-risk of about 0.6 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bullish external, bearish internal (strong low 14.30). Nearest demand OB 19.25 - 20.00.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing above the pattern at 22.80.
- 2 The target, 23.95 (+5.0%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 21.00 (-7.9%), cancels the setup.
- 4 Reward : risk is 0.6 : 1: the distance to the target divided by the distance to invalidation.
- 5 Trend context: with 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).