PSX · MODARABAS · 30 Min
ORM Ascending Triangle breakdown
Orient Rental Mod · 06 Nov 2026 · 09:00 PKT
▼ Bearish Breakout Pattern breakout With the trend
Closed at 10.25 on the breakout. Target 9.71, invalidation 10.80.
Trade plan
✕ Invalidated- Close
- 10.25
- ▼ 1.73%
- Target
- 9.71
- -5.3%
- Invalidation
- 10.80
- +5.4%
RiskReward
- Reward : risk
- 1.0 : 1
- ATR
- 0.17
- Price now
- 11.08 +8.1%
- Resolved
- 06 Nov · 14:30
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
ORM broke below its ascending triangle on the 30-minute close at 10.25.
Projected target 9.71 (-5.3%). The pattern is invalidated beyond 10.80 (+5.4%), a reward-to-risk of about 1.0 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bearish external, bullish internal (strong high 12.78). Nearest demand OB 9.51 - 9.60, supply OB 12.06 - 12.23.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing below the pattern at 10.25.
- 2 The target, 9.71 (-5.3%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 10.80 (+5.4%), cancels the setup.
- 4 Reward : risk is 1.0 : 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.