PSX · OIL & GAS MARKETING COMPANIES · 30 Min
HTL Symmetrical Triangle forming
Hi-Tech Lubricants Limited · 10 Nov 2026 · 12:30 PKT
◆ Neutral Forming Chart pattern
Lines to watch
Awaiting breakout- Close
- 38.30
- ▲ 0.76%
- Upper line
- 38.75
- +1.2%
- Lower line
- 37.17
- -3.0%
- ATR
- 0.48
- 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
HTL is compressing inside a symmetrical triangle on the 30-minute chart - 5 swing points, 20.8x ATR wide at the start.
Upper line 38.75, lower line 37.17. The pattern has no built-in bias: a 30-minute close above 38.85 confirms an upside breakout, a close below 37.07 a downside break.
Structure: bearish external, bullish internal (strong high 41.11). Nearest demand OB 35.22 - 36.76, supply OB 46.40 - 47.00.
How to read this signal
- 1 Not triggered yet: the pattern is still forming on the 30 min chart.
- 2 A 30 min close above 38.75 (+1.2%) would be an upside breakout.
- 3 A 30 min close below 37.17 (-3.0%) 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.