PSX · TEXTILE COMPOSITE · 30 Min
AHTM Ascending Triangle breakdown
Ahmad Hassan Textile Mills Limited · 28 Oct 2026 · 15:00 PKT
▼ Bearish Breakout Pattern breakout Against the trend
Closed at 83.01 on the breakout. Target 73.42, invalidation 95.45.
Trade plan
● Active- Close
- 83.01
- ▼ 0.96%
- Target
- 73.42
- -11.6%
- Invalidation
- 95.45
- +15.0%
RiskReward
- Reward : risk
- 0.8 : 1
- ATR
- 4.09
- Price now
- 83.01 0.0%
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
AHTM broke below its ascending triangle on the 30-minute close at 83.01.
Projected target 73.42 (-11.6%). The pattern is invalidated beyond 95.45 (+15.0%), 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, bullish internal (strong low 76.00). Nearest supply OB 101.89 - 102.00.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing below the pattern at 83.01.
- 2 The target, 73.42 (-11.6%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 95.45 (+15.0%), 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 ascending triangle
An ascending triangle is rising support meeting flat resistance; a close above resistance usually continues the rise, a close below support signals weakness.
- 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.