PSX · Indices · Daily
KMIALLSHR Falling Wedge breakout
KMI ALL Shares Index · 03 Nov 2026
▲ Bullish Breakout Pattern breakout Against the trend
Closed at 65,309.16 on the breakout. Target 69,753.05, invalidation 63,425.53.
Trade plan
- Close
- 65,309.16
- ▲ 0.72%
- Target
- 69,753.05
- +6.8%
- Invalidation
- 63,425.53
- -2.9%
RiskReward
- Reward : risk
- 2.4 : 1
- ATR
- 600.92
- 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
KMIALLSHR broke above its falling wedge on the daily close at 65,309.16.
Projected target 69,753.05 (+6.8%). The pattern is invalidated beyond 63,425.53 (-2.9%), a reward-to-risk of about 2.4 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bearish external, bearish internal (strong high 73,409.73). Nearest demand OB 49,299.61 - 50,834.87, supply OB 68,855.13 - 69,568.39.
How to read this signal
- 1 The breakout was confirmed by the daily candle closing above the pattern at 65,309.16.
- 2 The target, 69,753.05 (+6.8%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 63,425.53 (-2.9%), cancels the setup.
- 4 Reward : risk is 2.4 : 1: the distance to the target divided by the distance to invalidation.
- 5 Trend context: against the trend.
Pattern guide
About the falling wedge
A falling wedge is two downward-sloping lines that converge; the selling loses momentum and a break above the upper line is usually bullish.
- Confirmation
- A close above the upper wedge line.
- Target
- The wedge's widest height, projected up from the breakout.
- Fails if
- A close back below the upper line or below the wedge's last low.