PSX · Indices · Daily
ALLSHR Falling Wedge breakout
KSE ALL Shares Index · 29 Oct 2026
▲ Bullish Breakout Pattern breakout Against the trend
Closed at 101,164.95 on the breakout. Target 105,401.61, invalidation 98,017.34.
Trade plan
● Active- Close
- 101,164.95
- ▲ 0.80%
- Target
- 105,401.61
- +4.2%
- Invalidation
- 98,017.34
- -3.1%
RiskReward
- Reward : risk
- 1.3 : 1
- ATR
- 940.27
- Price now
- 101,164.95 0.0%
Outcome measured on the daily 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 Daily candles · click to enlarge
The breakdown
ALLSHR broke above its falling wedge on the daily close at 101,164.95.
Projected target 105,401.61 (+4.2%). The pattern is invalidated beyond 98,017.34 (-3.1%), a reward-to-risk of about 1.3 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bearish external, bearish internal (strong high 113,719.76). Nearest demand OB 86,803.75 - 91,019.72, supply OB 101,629.59 - 102,322.67.
How to read this signal
- 1 The breakout was confirmed by the daily candle closing above the pattern at 101,164.95.
- 2 The target, 105,401.61 (+4.2%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 98,017.34 (-3.1%), cancels the setup.
- 4 Reward : risk is 1.3 : 1: the distance to the target divided by the distance to invalidation.
- 5 Trend context: against 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.