PSX · FERTILIZER · 30 Min
FFC Descending Triangle breakout
Fauji Fertilizer Company Limited · 27 Oct 2026 · 13:30 PKT
▲ Bullish Breakout Pattern breakout Against the trend
Closed at 537.45 on the breakout. Target 541.32, invalidation 530.12.
Trade plan
✓ Target hit- Close
- 537.45
- ▲ 0.07%
- Target
- 541.32
- +0.7%
- Invalidation
- 530.12
- -1.4%
RiskReward
- Reward : risk
- 0.5 : 1
- ATR
- 1.79
- Price now
- 540.04 +0.5%
- Resolved
- 28 Oct · 09:30
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
FFC broke above its descending triangle on the 30-minute close at 537.45.
Projected target 541.32 (+0.7%). The pattern is invalidated beyond 530.12 (-1.4%), a reward-to-risk of about 0.5 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bearish external, bearish internal (strong high 585.00). Nearest demand OB 508.00 - 509.39, supply OB 543.20 - 544.89.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing above the pattern at 537.45.
- 2 The target, 541.32 (+0.7%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 530.12 (-1.4%), cancels the setup.
- 4 Reward : risk is 0.5 : 1: the distance to the target divided by the distance to invalidation.
- 5 Trend context: against 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).