PSX · CEMENT · 1 Hour
GWLC Falling Wedge breakdown
Gharibwal Cement Limited · 27 Oct 2026 · 14:30 PKT
▼ Bearish Breakout Pattern breakout With the trend
Closed at 41.98 on the breakout. Target 40.30, invalidation 47.00.
Trade plan
● Active- Close
- 41.98
- ▼ 2.15%
- Target
- 40.30
- -4.0%
- Invalidation
- 47.00
- +12.0%
RiskReward
- Reward : risk
- 0.3 : 1
- ATR
- 1.00
- Price now
- 42.00 +0.1%
Outcome measured on the 1 hour 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 1 Hour candles · click to enlarge
The breakdown
GWLC broke below its falling wedge on the hourly close at 41.98.
Projected target 40.30 (-4.0%). The pattern is invalidated beyond 47.00 (+12.0%), a reward-to-risk of about 0.3 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bearish external, bearish internal (strong high 47.00). Nearest demand OB 38.75 - 39.60, supply OB 43.71 - 44.46.
How to read this signal
- 1 The breakout was confirmed by the 1 hour candle closing below the pattern at 41.98.
- 2 The target, 40.30 (-4.0%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 47.00 (+12.0%), cancels the setup.
- 4 Reward : risk is 0.3 : 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.