PSX · TEXTILE COMPOSITE · 30 Min
ILP Ascending Triangle forming
Interloop Limited · 04 Nov 2026 · 09:30 PKT
▲ Bullish Forming Chart pattern With the trend
Lines to watch
Awaiting breakout- Close
- 97.14
- ▲ 1.19%
- Upper line
- 98.96
- +1.9%
- Lower line
- 96.06
- -1.1%
- ATR
- 0.69
- 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
ILP is compressing inside an ascending triangle on the 30-minute chart - 5 swing points, 13.0x ATR wide at the start.
Upper line 98.96, lower line 96.06. The pattern favours an upside resolution: a 30-minute close above 99.10 confirms an upside breakout, a close below 95.92 a downside break.
Structure: bullish external, bullish internal (strong low 83.53). Nearest demand OB 92.81 - 93.99, supply OB 106.50 - 107.85.
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 98.96 (+1.9%) would be an upside breakout.
- 3 A 30 min close below 96.06 (-1.1%) would be a downside breakout.
- 4 Until one of the lines breaks, there is no target or invalidation level.
Pattern guide
About the ascending triangle
An ascending triangle is rising support meeting flat resistance; a close above resistance usually continues the rise, a close below support signals weakness.
- 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.