PSX · CEMENT · 30 Min
ACPL Ascending Triangle breakout
Attock Cement Pakistan Limited · 03 Nov 2026 · 09:30 PKT
▲ Bullish Breakout Pattern breakout With the trend
Closed at 254.00 on the breakout. Target 262.84, invalidation 242.02.
Trade plan
● Active- Close
- 254.00
- ▲ 2.83%
- Target
- 262.84
- +3.5%
- Invalidation
- 242.02
- -4.7%
RiskReward
- Reward : risk
- 0.7 : 1
- ATR
- 2.35
- Price now
- 249.78 -1.7%
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
ACPL broke above its ascending triangle on the 30-minute close at 254.00.
Projected target 262.84 (+3.5%). The pattern is invalidated beyond 242.02 (-4.7%), a reward-to-risk of about 0.7 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bullish external, bullish internal (strong low 215.00). Nearest demand OB 242.02 - 242.03.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing above the pattern at 254.00.
- 2 The target, 262.84 (+3.5%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 242.02 (-4.7%), cancels the setup.
- 4 Reward : risk is 0.7 : 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.