PSX · COMMERCIAL BANKS · 30 Min
SBL Symmetrical Triangle breakout
Samba Bank Limited · 06 Nov 2026 · 11:30 PKT
▲ Bullish Breakout Pattern breakout
Closed at 13.96 on the breakout. Target 15.76, invalidation 13.35.
Trade plan
● Active- Close
- 13.96
- ▲ 0.43%
- Target
- 15.76
- +12.9%
- Invalidation
- 13.35
- -4.4%
RiskReward
- Reward : risk
- 3.0 : 1
- ATR
- 0.20
- Price now
- 14.40 +3.2%
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
SBL broke above its symmetrical triangle on the 30-minute close at 13.96.
Projected target 15.76 (+12.9%). The pattern is invalidated beyond 13.35 (-4.4%), a reward-to-risk of about 3.0 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bullish external, bullish internal (strong low 11.68). Nearest demand OB 12.98 - 12.99, supply OB 15.24 - 15.40.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing above the pattern at 13.96.
- 2 The target, 15.76 (+12.9%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 13.35 (-4.4%), cancels the setup.
- 4 Reward : risk is 3.0 : 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.