PSX · MISCELLANEOUS · 30 Min
PABC Symmetrical Triangle forming
Pakistan Aluminium Beverage Cans Limited · 05 Nov 2026 · 10:00 PKT
◆ Neutral Forming Chart pattern
Lines to watch
Awaiting breakout- Close
- 96.50
- ▲ 0.72%
- Upper line
- 96.78
- +0.3%
- Lower line
- 93.04
- -3.6%
- ATR
- 1.05
- 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
PABC is compressing inside a symmetrical triangle on the 30-minute chart - 5 swing points, 9.1x ATR wide at the start.
Upper line 96.78, lower line 93.04. The pattern has no built-in bias: a 30-minute close above 96.99 confirms an upside breakout, a close below 92.83 a downside break.
Structure: bearish external, bearish internal (strong high 104.40). Nearest supply OB 104.99 - 106.44.
How to read this signal
- 1 Not triggered yet: the pattern is still forming on the 30 min chart.
- 2 A 30 min close above 96.78 (+0.3%) would be an upside breakout.
- 3 A 30 min close below 93.04 (-3.6%) would be a downside breakout.
- 4 Until one of the lines breaks, there is no target or invalidation level.
Pattern guide
About the symmetrical triangle
A symmetrical triangle is lower highs and higher lows converging: indecision that resolves with a breakout in either direction.
- Confirmation
- A candle close beyond the upper or lower line.
- Target
- The triangle's widest height, projected from the breakout.
- Fails if
- A close back inside the triangle soon after the break.