PSX · PHARMACEUTICALS · 1 Hour
AGP Falling Wedge breakout
AGP Limited · 04 Nov 2026 · 12:30 PKT
▲ Bullish Breakout Pattern breakout With the trend
Closed at 150.80 on the breakout. Target 166.01, invalidation 145.65.
Trade plan
● Active- Close
- 150.80
- ▲ 0.74%
- Target
- 166.01
- +10.1%
- Invalidation
- 145.65
- -3.4%
RiskReward
- Reward : risk
- 3.0 : 1
- ATR
- 1.62
- Price now
- 151.00 +0.1%
Outcome measured on the 1 hour 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 1 Hour candles · click to enlarge
The breakdown
AGP broke above its falling wedge on the hourly close at 150.80.
Projected target 166.01 (+10.1%). The pattern is invalidated beyond 145.65 (-3.4%), a reward-to-risk of about 3.0 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bullish external, bullish internal (strong low 146.11). Nearest supply OB 188.01 - 189.50.
How to read this signal
- 1 The breakout was confirmed by the 1 hour candle closing above the pattern at 150.80.
- 2 The target, 166.01 (+10.1%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 145.65 (-3.4%), cancels the setup.
- 4 Reward : risk is 3.0 : 1: the distance to the target divided by the distance to invalidation.
- 5 Trend context: with the trend.
Pattern guide
About the falling wedge
A falling wedge is two downward-sloping lines that converge; the selling loses momentum and a break above the upper line is usually bullish.
- Confirmation
- A close above the upper wedge line.
- Target
- The wedge's widest height, projected up from the breakout.
- Fails if
- A close back below the upper line or below the wedge's last low.