PSX · AUTOMOBILE PARTS & ACCESSORIES · 30 Min
LOADS Rising Wedge breakout
Loads Limited · 10 Nov 2026 · 11:30 PKT
▲ Bullish Breakout Pattern breakout With the trend
Closed at 12.39 on the breakout. Target 12.58, invalidation 11.70.
Trade plan
● Active- Close
- 12.39
- ▲ 1.06%
- Target
- 12.58
- +1.5%
- Invalidation
- 11.70
- -5.6%
RiskReward
- Reward : risk
- 0.3 : 1
- ATR
- 0.14
- Price now
- 12.35 -0.3%
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
LOADS broke above its rising wedge on the 30-minute close at 12.39.
Projected target 12.58 (+1.5%). The pattern is invalidated beyond 11.70 (-5.6%), a reward-to-risk of about 0.3 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bullish external, bullish internal (strong low 11.01). Nearest demand OB 11.70 - 11.97, supply OB 13.04 - 13.20.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing above the pattern at 12.39.
- 2 The target, 12.58 (+1.5%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 11.70 (-5.6%), cancels the setup.
- 4 Reward : risk is 0.3 : 1: the distance to the target divided by the distance to invalidation.
- 5 Trend context: with the trend.
Pattern guide
About the rising wedge
A rising wedge is two upward-sloping lines that converge; the buying loses momentum and a break below the lower line is usually bearish.
- Confirmation
- A close below the lower wedge line.
- Target
- The wedge's widest height, projected down from the breakout.
- Fails if
- A close back above the lower line or above the wedge's last high.