PSX · MISCELLANEOUS · 30 Min
UBDL Falling Wedge breakout
United Brands Limited · 06 Nov 2026 · 09:00 PKT
▲ Bullish Breakout Pattern breakout With the trend
Closed at 24.89 on the breakout. Target 26.70, invalidation 21.07.
Trade plan
● Active- Close
- 24.89
- ▲ 5.92%
- Target
- 26.70
- +7.3%
- Invalidation
- 21.07
- -15.3%
RiskReward
- Reward : risk
- 0.5 : 1
- ATR
- 0.78
- Price now
- 25.10 +0.8%
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
UBDL broke above its falling wedge on the 30-minute close at 24.89.
Projected target 26.70 (+7.3%). The pattern is invalidated beyond 21.07 (-15.3%), a reward-to-risk of about 0.5 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bullish external, bullish internal (strong low 21.75). Nearest demand OB 22.42 - 23.90, supply OB 29.99 - 30.00.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing above the pattern at 24.89.
- 2 The target, 26.70 (+7.3%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 21.07 (-15.3%), cancels the setup.
- 4 Reward : risk is 0.5 : 1: the distance to the target divided by the distance to invalidation.
- 5 Trend context: with 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.