PSX · INV. BANKS / INV. COS. / SECURITIES COS. · Daily
AMBL Descending Triangle breakout
Apna Microfinance Bank Limited · 10 Nov 2026
▲ Bullish Breakout Pattern breakout With the trend
Closed at 21.46 on the breakout. Target 39.05, invalidation 17.41.
Trade plan
- Close
- 21.46
- ▲ 10.00%
- Target
- 39.05
- +82.0%
- Invalidation
- 17.41
- -18.9%
RiskReward
- Reward : risk
- 4.3 : 1
- ATR
- 1.22
- 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 Daily candles · click to enlarge
The breakdown
AMBL broke above its descending triangle on the daily close at 21.46.
Projected target 39.05 (+82.0%). The pattern is invalidated beyond 17.41 (-18.9%), a reward-to-risk of about 4.3 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bullish external, bullish internal (strong low 8.85). Nearest demand OB 17.41 - 19.70, supply OB 28.25 - 34.38.
How to read this signal
- 1 The breakout was confirmed by the daily candle closing above the pattern at 21.46.
- 2 The target, 39.05 (+82.0%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 17.41 (-18.9%), cancels the setup.
- 4 Reward : risk is 4.3 : 1: the distance to the target divided by the distance to invalidation.
- 5 Trend context: with the trend.
Pattern guide
About the descending triangle
A descending triangle is a falling upper trendline meeting flat support; a close below support usually continues the fall, a close above the trendline signals a reversal.
- 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 (a fake-out).