PSX · GLASS & CERAMICS · 30 Min
STCL Falling Wedge breakout
Shabbir Tiles & Ceramics Limited · 05 Nov 2026 · 10:00 PKT
▲ Bullish Breakout Pattern breakout Against the trend
Closed at 8.15 on the breakout. Target 8.32, invalidation 7.88.
Trade plan
✓ Target hit- Close
- 8.15
- ▲ 0.62%
- Target
- 8.32
- +2.1%
- Invalidation
- 7.88
- -3.3%
RiskReward
- Reward : risk
- 0.6 : 1
- ATR
- 0.06
- Price now
- 9.29 +14.0%
- Resolved
- 06 Nov · 11:30
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
STCL broke above its falling wedge on the 30-minute close at 8.15.
Projected target 8.32 (+2.1%). The pattern is invalidated beyond 7.88 (-3.3%), a reward-to-risk of about 0.6 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bearish external, bearish internal (strong high 9.31). Nearest supply OB 9.60 - 9.75.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing above the pattern at 8.15.
- 2 The target, 8.32 (+2.1%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 7.88 (-3.3%), cancels the setup.
- 4 Reward : risk is 0.6 : 1: the distance to the target divided by the distance to invalidation.
- 5 Trend context: against 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.