PSX · CEMENT · 1 Hour
DCL Symmetrical Triangle breakout
Dewan Cement Limited · 10 Nov 2026 · 11:30 PKT
▲ Bullish Breakout Pattern breakout
Closed at 9.40 on the breakout. Target 12.47, invalidation 8.65.
Trade plan
● Active- Close
- 9.40
- ▲ 1.51%
- Target
- 12.47
- +32.7%
- Invalidation
- 8.65
- -8.0%
RiskReward
- Reward : risk
- 4.1 : 1
- ATR
- 0.21
- Price now
- 9.69 +3.1%
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
DCL broke above its symmetrical triangle on the hourly close at 9.40.
Projected target 12.47 (+32.7%). The pattern is invalidated beyond 8.65 (-8.0%), a reward-to-risk of about 4.1 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bearish external, bullish internal (strong high 13.45). Nearest demand OB 8.90 - 9.12, supply OB 9.70 - 9.89.
How to read this signal
- 1 The breakout was confirmed by the 1 hour candle closing above the pattern at 9.40.
- 2 The target, 12.47 (+32.7%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 8.65 (-8.0%), cancels the setup.
- 4 Reward : risk is 4.1 : 1: the distance to the target divided by the distance to invalidation.
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.