PSX · MISCELLANEOUS · Daily
PABC Falling Wedge breakout
Pakistan Aluminium Beverage Cans Limited · 05 Nov 2026
▲ Bullish Breakout Pattern breakout With the trend
Closed at 101.53 on the breakout. Target 108.73, invalidation 88.21.
Trade plan
- Close
- 101.53
- ▲ 5.40%
- Target
- 108.73
- +7.1%
- Invalidation
- 88.21
- -13.1%
RiskReward
- Reward : risk
- 0.5 : 1
- ATR
- 4.35
- 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
PABC broke above its falling wedge on the daily close at 101.53.
Projected target 108.73 (+7.1%). The pattern is invalidated beyond 88.21 (-13.1%), a reward-to-risk of about 0.5 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bullish external, bullish internal (strong low 43.55). Nearest demand OB 82.90 - 86.75, supply OB 108.00 - 109.24.
How to read this signal
- 1 The breakout was confirmed by the daily candle closing above the pattern at 101.53.
- 2 The target, 108.73 (+7.1%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 88.21 (-13.1%), cancels the setup.
- 4 Reward : risk is 0.5 : 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.