PSX · TEXTILE COMPOSITE · 30 Min
BHAT Ascending Triangle breakout
Bhanero Textile Mills Limited · 10 Nov 2026 · 09:30 PKT
▲ Bullish Breakout Pattern breakout Against the trend
Closed at 1,061.02 on the breakout. Target 1,022.92, invalidation 875.10.
Trade plan
✓ Target hit- Close
- 1,061.02
- ▲ 10.00%
- Target
- 1,022.92
- -3.6%
- Invalidation
- 875.10
- -17.5%
RiskReward
- Reward : risk
- 0.2 : 1
- ATR
- 23.97
- Price now
- 1,061.02 0.0%
- Resolved
- 10 Nov · 10:00
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
BHAT broke above its ascending triangle on the 30-minute close at 1,061.02.
Projected target 1,022.92 (-3.6%). The pattern is invalidated beyond 875.10 (-17.5%), a reward-to-risk of about 0.2 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bearish external, bearish internal (strong high 1,250.00). Nearest bullish FVG 964.56 - 1,061.02.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing above the pattern at 1,061.02.
- 2 The target, 1,022.92 (-3.6%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 875.10 (-17.5%), cancels the setup.
- 4 Reward : risk is 0.2 : 1: the distance to the target divided by the distance to invalidation.
- 5 Trend context: against the trend.
Pattern guide
About the ascending triangle
An ascending triangle is rising support meeting flat resistance; a close above resistance usually continues the rise, a close below support signals weakness.
- 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.