PSX · PHARMACEUTICALS · 30 Min
AGP Descending Triangle breakout
AGP Limited · 04 Nov 2026 · 12:30 PKT
▲ Bullish Breakout Pattern breakout With the trend
Closed at 150.05 on the breakout. Target 166.05, invalidation 145.65.
Trade plan
● Active- Close
- 150.05
- ▲ 0.23%
- Target
- 166.05
- +10.7%
- Invalidation
- 145.65
- -2.9%
RiskReward
- Reward : risk
- 3.6 : 1
- ATR
- 1.11
- Price now
- 151.49 +1.0%
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
AGP broke above its descending triangle on the 30-minute close at 150.05.
Projected target 166.05 (+10.7%). The pattern is invalidated beyond 145.65 (-2.9%), a reward-to-risk of about 3.6 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bullish external, bearish internal (strong low 146.11). Nearest supply OB 152.01 - 153.50.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing above the pattern at 150.05.
- 2 The target, 166.05 (+10.7%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 145.65 (-2.9%), cancels the setup.
- 4 Reward : risk is 3.6 : 1: the distance to the target divided by the distance to invalidation.
- 5 Trend context: with the trend.
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).