PSX · GLASS & CERAMICS · 1 Hour
KCL Descending Triangle breakout
Karam Ceramics Limited · 03 Nov 2026 · 09:30 PKT
▲ Bullish Breakout Pattern breakout With the trend
Closed at 175.00 on the breakout. Target 200.36, invalidation 150.00.
Trade plan
● Active- Close
- 175.00
- ▲ 9.38%
- Target
- 200.36
- +14.5%
- Invalidation
- 150.00
- -14.3%
RiskReward
- Reward : risk
- 1.0 : 1
- ATR
- 10.28
- Price now
- 154.55 -11.7%
Outcome measured on the 1 hour 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 1 Hour candles · click to enlarge
The breakdown
KCL broke above its descending triangle on the hourly close at 175.00.
Projected target 200.36 (+14.5%). The pattern is invalidated beyond 150.00 (-14.3%), a reward-to-risk of about 1.0 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bullish external, bearish internal (strong low 115.02). Nearest bullish FVG 160.00 - 175.00.
How to read this signal
- 1 The breakout was confirmed by the 1 hour candle closing above the pattern at 175.00.
- 2 The target, 200.36 (+14.5%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 150.00 (-14.3%), cancels the setup.
- 4 Reward : risk is 1.0 : 1: the distance to the target divided by the distance to invalidation.
- 5 Trend context: with the trend.
Pattern guide
About the descending triangle
A descending triangle is a falling upper trendline meeting flat support; a close below support usually continues the fall, a close above the trendline signals a reversal.
- 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 (a fake-out).