PSX · PHARMACEUTICALS · 30 Min
AGP Descending Triangle forming
AGP Limited · 04 Nov 2026 · 09:30 PKT
▼ Bearish Forming Chart pattern Against the trend
Lines to watch
Awaiting breakout- Close
- 149.00
- ▲ 1.10%
- Upper line
- 150.60
- +1.1%
- Lower line
- 145.62
- -2.3%
- ATR
- 1.32
- 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
AGP is compressing inside a descending triangle on the 30-minute chart - 5 swing points, 20.3x ATR wide at the start.
Upper line 150.60, lower line 145.62. The pattern favours a downside resolution: a 30-minute close above 150.86 confirms an upside breakout, a close below 145.36 a downside break.
Structure: bullish external, bearish internal (strong low 146.11). Nearest supply OB 152.01 - 153.50.
How to read this signal
- 1 Not triggered yet: the pattern is still forming on the 30 min chart.
- 2 A 30 min close above 150.60 (+1.1%) would be an upside breakout.
- 3 A 30 min close below 145.62 (-2.3%) would be a downside breakout.
- 4 Until one of the lines breaks, there is no target or invalidation level.
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).