PSX · CEMENT · 30 Min
LUCK Ascending Triangle breakout
Lucky Cement Limited · 04 Nov 2026 · 09:30 PKT
▲ Bullish Breakout Pattern breakout Against the trend
Closed at 406.40 on the breakout. Target 418.37, invalidation 394.00.
Trade plan
● Active- Close
- 406.40
- ▲ 1.10%
- Target
- 418.37
- +2.9%
- Invalidation
- 394.00
- -3.1%
RiskReward
- Reward : risk
- 1.0 : 1
- ATR
- 2.48
- Price now
- 406.40 0.0%
Outcome measured on the 30 min 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 30 Min candles · click to enlarge
The breakdown
LUCK broke above its ascending triangle on the 30-minute close at 406.40.
Projected target 418.37 (+2.9%). The pattern is invalidated beyond 394.00 (-3.1%), 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: bearish external, bullish internal (strong high 407.00). Nearest demand OB 399.99 - 401.90, supply OB 408.00 - 409.90.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing above the pattern at 406.40.
- 2 The target, 418.37 (+2.9%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 394.00 (-3.1%), cancels the setup.
- 4 Reward : risk is 1.0 : 1: the distance to the target divided by the distance to invalidation.
- 5 Trend context: against the trend.
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.