PSX · INSURANCE · 30 Min
ALAC Symmetrical Triangle breakdown
Askari Life Assurance Company Limited · 03 Nov 2026 · 09:30 PKT
▼ Bearish Breakout Pattern breakout
Closed at 21.00 on the breakout. Target 18.02, invalidation 21.35.
Trade plan
● Active- Close
- 21.00
- ▼ 0.94%
- Target
- 18.02
- -14.2%
- Invalidation
- 21.35
- +1.7%
RiskReward
- Reward : risk
- 8.5 : 1
- ATR
- 0.32
- Price now
- 20.70 -1.4%
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
ALAC broke below its symmetrical triangle on the 30-minute close at 21.00.
Projected target 18.02 (-14.2%). The pattern is invalidated beyond 21.35 (+1.7%), a reward-to-risk of about 8.5 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bearish external, bullish internal (strong high 25.70). Nearest demand OB 15.86 - 16.20, supply OB 22.50 - 22.98.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing below the pattern at 21.00.
- 2 The target, 18.02 (-14.2%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 21.35 (+1.7%), cancels the setup.
- 4 Reward : risk is 8.5 : 1: the distance to the target divided by the distance to invalidation.
Pattern guide
About the symmetrical triangle
A symmetrical triangle is lower highs and higher lows converging: indecision that resolves with a breakout in either direction.
- Confirmation
- A candle close beyond the upper or lower line.
- Target
- The triangle's widest height, projected from the breakout.
- Fails if
- A close back inside the triangle soon after the break.