PSX · SUGAR & ALLIED INDUSTRIES · 1 Hour
KPUS Falling Wedge breakout
Khairpur Sugar Mills Limited · 06 Nov 2026 · 08:30 PKT
▲ Bullish Breakout Pattern breakout With the trend
Closed at 1,024.00 on the breakout. Target 1,371.30, invalidation 970.00.
Trade plan
● Active- Close
- 1,024.00
- ▼ 3.40%
- Target
- 1,371.30
- +33.9%
- Invalidation
- 970.00
- -5.3%
RiskReward
- Reward : risk
- 6.4 : 1
- ATR
- 35.67
- Price now
- 1,011.00 -1.3%
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
KPUS broke above its falling wedge on the hourly close at 1,024.00.
Projected target 1,371.30 (+33.9%). The pattern is invalidated beyond 970.00 (-5.3%), a reward-to-risk of about 6.4 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bullish external, bearish internal (strong low 650.00). Nearest demand OB 880.00 - 899.00, supply OB 1,810.00 - 1,876.00.
How to read this signal
- 1 The breakout was confirmed by the 1 hour candle closing above the pattern at 1,024.00.
- 2 The target, 1,371.30 (+33.9%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 970.00 (-5.3%), cancels the setup.
- 4 Reward : risk is 6.4 : 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.