PSX · TECHNOLOGY & COMMUNICATION · Daily
TRG Ascending Triangle breakdown
TRG Pakistan Limited · 30 Oct 2026
▼ Bearish Breakout Pattern breakout With the trend
Closed at 51.96 on the breakout. Target 45.24, invalidation 59.80.
Trade plan
- Close
- 51.96
- ▼ 2.11%
- Target
- 45.24
- -12.9%
- Invalidation
- 59.80
- +15.1%
RiskReward
- Reward : risk
- 0.9 : 1
- ATR
- 2.31
- 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
TRG broke below its ascending triangle on the daily close at 51.96.
Projected target 45.24 (-12.9%). The pattern is invalidated beyond 59.80 (+15.1%), a reward-to-risk of about 0.9 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bearish external, bearish internal (strong high 84.39). Nearest supply OB 75.70 - 78.49.
How to read this signal
- 1 The breakout was confirmed by the daily candle closing below the pattern at 51.96.
- 2 The target, 45.24 (-12.9%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 59.80 (+15.1%), cancels the setup.
- 4 Reward : risk is 0.9 : 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.