PSX · CLOSE - END MUTUAL FUND · 30 Min
TSMF Symmetrical Triangle breakdown
Tri-Star Mutual Fund Limited · 12 Nov 2026 · 10:00 PKT
▼ Bearish Breakout Pattern breakout
Closed at 14.90 on the breakout. Target 13.43, invalidation 16.00.
Trade plan
● Active- Close
- 14.90
- ▼ 0.60%
- Target
- 13.43
- -9.9%
- Invalidation
- 16.00
- +7.4%
RiskReward
- Reward : risk
- 1.3 : 1
- ATR
- 0.32
- Price now
- 15.00 +0.7%
Outcome measured on the 30 min bars after the signal: target or invalidation, whichever is touched first; a bar touching both counts as invalidated.
- 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
TSMF broke below its symmetrical triangle on the 30-minute close at 14.90.
Projected target 13.43 (-9.9%). The pattern is invalidated beyond 16.00 (+7.4%), a reward-to-risk of about 1.3 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bullish external, bearish internal (strong low 13.72). Nearest demand OB 13.75 - 14.00, supply OB 16.35 - 16.40.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing below the pattern at 14.90.
- 2 The target, 13.43 (-9.9%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 16.00 (+7.4%), cancels the setup.
- 4 Reward : risk is 1.3 : 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.