PSX · MISCELLANEOUS · 30 Min
PABC Symmetrical Triangle breakout
Pakistan Aluminium Beverage Cans Limited · 05 Nov 2026 · 11:30 PKT
▲ Bullish Breakout Pattern breakout
Closed at 97.00 on the breakout. Target 101.52, invalidation 93.30.
Trade plan
✓ Target hit- Close
- 97.00
- ▲ 0.60%
- Target
- 101.52
- +4.7%
- Invalidation
- 93.30
- -3.8%
RiskReward
- Reward : risk
- 1.2 : 1
- ATR
- 0.89
- Price now
- 104.90 +8.1%
- Resolved
- 05 Nov · 12:30
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
PABC broke above its symmetrical triangle on the 30-minute close at 97.00.
Projected target 101.52 (+4.7%). The pattern is invalidated beyond 93.30 (-3.8%), a reward-to-risk of about 1.2 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bearish external, bearish internal (strong high 104.40). Nearest supply OB 104.99 - 106.44.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing above the pattern at 97.00.
- 2 The target, 101.52 (+4.7%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 93.30 (-3.8%), cancels the setup.
- 4 Reward : risk is 1.2 : 1: the distance to the target divided by the distance to invalidation.
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.