PSX · OIL & GAS MARKETING COMPANIES · 30 Min
HTL Symmetrical Triangle breakout
Hi-Tech Lubricants Limited · 11 Nov 2026 · 14:30 PKT
▲ Bullish Breakout Pattern breakout
Closed at 38.39 on the breakout. Target 44.51, invalidation 36.86.
Trade plan
- Close
- 38.39
- ▲ 0.24%
- Target
- 44.51
- +15.9%
- Invalidation
- 36.86
- -4.0%
RiskReward
- Reward : risk
- 4.0 : 1
- ATR
- 0.39
- 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
HTL broke above its symmetrical triangle on the 30-minute close at 38.39.
Projected target 44.51 (+15.9%). The pattern is invalidated beyond 36.86 (-4.0%), a reward-to-risk of about 4.0 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bearish external, bullish internal (strong high 41.11). Nearest demand OB 35.22 - 36.76, supply OB 46.40 - 47.00.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing above the pattern at 38.39.
- 2 The target, 44.51 (+15.9%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 36.86 (-4.0%), cancels the setup.
- 4 Reward : risk is 4.0 : 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.