PSX · TEXTILE COMPOSITE · 30 Min
AHTM Ascending Triangle breakout
Ahmad Hassan Textile Mills Limited · 30 Oct 2026 · 16:00 PKT
▲ Bullish Breakout Pattern breakout With the trend
Closed at 98.00 on the breakout. Target 121.30, invalidation 79.50.
Trade plan
● Active- Close
- 98.00
- ▼ 0.50%
- Target
- 121.30
- +23.8%
- Invalidation
- 79.50
- -18.9%
RiskReward
- Reward : risk
- 1.3 : 1
- ATR
- 5.28
- Price now
- 98.00 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 above its ascending triangle on the 30-minute close at 98.00.
Projected target 121.30 (+23.8%). The pattern is invalidated beyond 79.50 (-18.9%), 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: 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 above the pattern at 98.00.
- 2 The target, 121.30 (+23.8%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 79.50 (-18.9%), cancels the setup.
- 4 Reward : risk is 1.3 : 1: the distance to the target divided by the distance to invalidation.
- 5 Trend context: with 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.