PSX · TRANSPORT · 1 Hour
BLUEX Ascending Triangle forming
Blue-Ex Limited · 06 Nov 2026 · 14:30 PKT
▲ Bullish Forming Chart pattern With the trend
Lines to watch
Awaiting breakout- Close
- 5.95
- ▲ 4.20%
- Upper line
- 5.93
- -0.3%
- Lower line
- 5.54
- -6.9%
- ATR
- 0.15
- 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
BLUEX is compressing inside an ascending triangle on the hourly chart - 5 swing points, 6.1x ATR wide at the start.
Upper line 5.93, lower line 5.54. The pattern favours an upside resolution: a hourly close above 5.96 confirms an upside breakout, a close below 5.51 a downside break.
Structure: bullish external, bearish internal (strong low 4.90). Nearest supply OB 6.25 - 6.38.
How to read this signal
- 1 Not triggered yet: the pattern is still forming on the 1 hour chart.
- 2 A 1 hour close above 5.93 (-0.3%) would be an upside breakout.
- 3 A 1 hour close below 5.54 (-6.9%) 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.