PSX · FOOD & PERSONAL CARE PRODUCTS · 1 Hour
ZIL Symmetrical Triangle forming
ZIL Limited · 05 Nov 2026 · 09:30 PKT
◆ Neutral Forming Chart pattern
Lines to watch
Awaiting breakout- Close
- 292.02
- ▼ 2.33%
- Upper line
- 319.39
- +9.4%
- Lower line
- 290.70
- -0.5%
- ATR
- 5.27
- 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
ZIL is compressing inside a symmetrical triangle on the hourly chart - 5 swing points, 10.3x ATR wide at the start.
Upper line 319.39, lower line 290.70. The pattern has no built-in bias: a hourly close above 320.44 confirms an upside breakout, a close below 289.65 a downside break.
Structure: bearish external, bullish internal (strong high 400.00). Nearest supply OB 346.00 - 349.97.
How to read this signal
- 1 Not triggered yet: the pattern is still forming on the 1 hour chart.
- 2 A 1 hour close above 319.39 (+9.4%) would be an upside breakout.
- 3 A 1 hour close below 290.70 (-0.5%) would be a downside breakout.
- 4 Until one of the lines breaks, there is no target or invalidation level.
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.