PSX · CEMENT · Daily
DGKC Falling Wedge breakout
D.G. Khan Cement Company Limited · 04 Nov 2026
▲ Bullish Breakout Pattern breakout With the trend
Closed at 195.01 on the breakout. Target 209.96, invalidation 173.15.
Trade plan
- Close
- 195.01
- ▲ 5.39%
- Target
- 209.96
- +7.7%
- Invalidation
- 173.15
- -11.2%
RiskReward
- Reward : risk
- 0.7 : 1
- ATR
- 5.10
- 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
DGKC broke above its falling wedge on the daily close at 195.01.
Projected target 209.96 (+7.7%). The pattern is invalidated beyond 173.15 (-11.2%), a reward-to-risk of about 0.7 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bullish external, bullish internal (strong low 140.25). Nearest demand OB 178.00 - 181.90, supply OB 218.55 - 222.46.
How to read this signal
- 1 The breakout was confirmed by the daily candle closing above the pattern at 195.01.
- 2 The target, 209.96 (+7.7%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 173.15 (-11.2%), cancels the setup.
- 4 Reward : risk is 0.7 : 1: the distance to the target divided by the distance to invalidation.
- 5 Trend context: with the trend.
Pattern guide
About the falling wedge
A falling wedge is two downward-sloping lines that converge; the selling loses momentum and a break above the upper line is usually bullish.
- Confirmation
- A close above the upper wedge line.
- Target
- The wedge's widest height, projected up from the breakout.
- Fails if
- A close back below the upper line or below the wedge's last low.