PSX · TECHNOLOGY & COMMUNICATION · 30 Min
HUMNL Ascending Triangle breakdown
Hum Network Limited · 11 Nov 2026 · 10:00 PKT
▼ Bearish Breakout Pattern breakout With the trend
Closed at 8.52 on the breakout. Target 8.01, invalidation 9.11.
Trade plan
- Close
- 8.52
- ▼ 1.96%
- Target
- 8.01
- -6.0%
- Invalidation
- 9.11
- +6.9%
RiskReward
- Reward : risk
- 0.9 : 1
- ATR
- 0.15
- 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
HUMNL broke below its ascending triangle on the 30-minute close at 8.52.
Projected target 8.01 (-6.0%). The pattern is invalidated beyond 9.11 (+6.9%), a reward-to-risk of about 0.9 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bearish external, bearish internal (strong high 9.50). Nearest supply OB 8.90 - 9.11.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing below the pattern at 8.52.
- 2 The target, 8.01 (-6.0%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 9.11 (+6.9%), cancels the setup.
- 4 Reward : risk is 0.9 : 1: the distance to the target divided by the distance to invalidation.
- 5 Trend context: with the trend.
Pattern guide
About the ascending triangle
An ascending triangle is rising support meeting flat resistance; a close above resistance usually continues the rise, a close below support signals weakness.
- 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.