PSX · INSURANCE · Daily
EFUG Symmetrical Triangle breakdown
EFU General Insurance Limited · 03 Nov 2026
▼ Bearish Breakout Pattern breakout
Closed at 119.14 on the breakout. Target 99.89, invalidation 130.98.
Trade plan
- Close
- 119.14
- ▼ 4.68%
- Target
- 99.89
- -16.2%
- Invalidation
- 130.98
- +9.9%
RiskReward
- Reward : risk
- 1.6 : 1
- ATR
- 5.03
- 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
EFUG broke below its symmetrical triangle on the daily close at 119.14.
Projected target 99.89 (-16.2%). The pattern is invalidated beyond 130.98 (+9.9%), a reward-to-risk of about 1.6 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bearish external, bullish internal (strong high 138.90). Nearest demand OB 90.17 - 100.00.
How to read this signal
- 1 The breakout was confirmed by the daily candle closing below the pattern at 119.14.
- 2 The target, 99.89 (-16.2%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 130.98 (+9.9%), cancels the setup.
- 4 Reward : risk is 1.6 : 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.