PSX · COMMERCIAL BANKS · 30 Min
AKBL Symmetrical Triangle breakout
Askari Bank Limited · 04 Nov 2026 · 11:30 PKT
▲ Bullish Breakout Pattern breakout
Closed at 108.00 on the breakout. Target 110.44, invalidation 105.55.
Trade plan
✓ Target hit- Close
- 108.00
- ▲ 0.92%
- Target
- 110.44
- +2.3%
- Invalidation
- 105.55
- -2.3%
RiskReward
- Reward : risk
- 1.0 : 1
- ATR
- 0.76
- Price now
- 114.89 +6.4%
- Resolved
- 04 Nov · 14:00
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
AKBL broke above its symmetrical triangle on the 30-minute close at 108.00.
Projected target 110.44 (+2.3%). The pattern is invalidated beyond 105.55 (-2.3%), 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, bearish internal (strong high 111.98). Nearest demand OB 94.45 - 94.95, supply OB 113.41 - 114.38.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing above the pattern at 108.00.
- 2 The target, 110.44 (+2.3%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 105.55 (-2.3%), cancels the setup.
- 4 Reward : risk is 1.0 : 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.