PSX · FOOD & PERSONAL CARE PRODUCTS · 1 Hour
UNITY Descending Triangle breakout
Unity Foods Limited · 05 Nov 2026 · 09:30 PKT
▲ Bullish Breakout Pattern breakout Against the trend
Closed at 7.88 on the breakout. Target 9.22, invalidation 7.56.
Trade plan
● Active- Close
- 7.88
- ▲ 1.68%
- Target
- 9.22
- +17.0%
- Invalidation
- 7.56
- -4.1%
RiskReward
- Reward : risk
- 4.2 : 1
- ATR
- 0.12
- Price now
- 8.63 +9.5%
Outcome measured on the 1 hour 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 1 Hour candles · click to enlarge
The breakdown
UNITY broke above its descending triangle on the hourly close at 7.88.
Projected target 9.22 (+17.0%). The pattern is invalidated beyond 7.56 (-4.1%), a reward-to-risk of about 4.2 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bearish external, bullish internal (strong high 20.41). Nearest supply OB 9.90 - 10.08.
How to read this signal
- 1 The breakout was confirmed by the 1 hour candle closing above the pattern at 7.88.
- 2 The target, 9.22 (+17.0%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 7.56 (-4.1%), cancels the setup.
- 4 Reward : risk is 4.2 : 1: the distance to the target divided by the distance to invalidation.
- 5 Trend context: against the trend.
Pattern guide
About the descending triangle
A descending triangle is a falling upper trendline meeting flat support; a close below support usually continues the fall, a close above the trendline signals a reversal.
- Confirmation
- A candle close outside the triangle.
- Target
- The triangle's widest height, projected from the breakout.
- Fails if
- A close back inside the triangle soon after the break (a fake-out).