PSX · PHARMACEUTICALS · 30 Min
CPHL Ascending Triangle breakout
Citi Pharma Ltd. · 05 Nov 2026 · 10:00 PKT
▲ Bullish Breakout Pattern breakout With the trend
Closed at 64.61 on the breakout. Target 71.06, invalidation 60.51.
Trade plan
● Active- Close
- 64.61
- ▲ 2.56%
- Target
- 71.06
- +10.0%
- Invalidation
- 60.51
- -6.3%
RiskReward
- Reward : risk
- 1.6 : 1
- ATR
- 0.85
- Price now
- 64.35 -0.4%
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
CPHL broke above its ascending triangle on the 30-minute close at 64.61.
Projected target 71.06 (+10.0%). The pattern is invalidated beyond 60.51 (-6.3%), a reward-to-risk of about 1.6 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bullish external, bullish internal (strong low 57.96). Nearest demand OB 61.72 - 61.90, supply OB 65.45 - 65.84.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing above the pattern at 64.61.
- 2 The target, 71.06 (+10.0%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 60.51 (-6.3%), cancels the setup.
- 4 Reward : risk is 1.6 : 1: the distance to the target divided by the distance to invalidation.
- 5 Trend context: with 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.