PSX · FOOD & PERSONAL CARE PRODUCTS · 1 Hour
QUICE Symmetrical Triangle forming
Quice Food Industries Limited · 12 Nov 2026 · 11:30 PKT
◆ Neutral Forming Chart pattern
Lines to watch
Awaiting breakout- Close
- 27.02
- ▼ 1.35%
- Upper line
- 28.32
- +4.8%
- Lower line
- 26.60
- -1.6%
- ATR
- 0.46
- 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 1 Hour candles · click to enlarge
The breakdown
QUICE is compressing inside a symmetrical triangle on the hourly chart - 5 swing points, 14.3x ATR wide at the start.
Upper line 28.32, lower line 26.60. The pattern has no built-in bias: a hourly close above 28.41 confirms an upside breakout, a close below 26.51 a downside break.
Structure: bullish external, bullish internal (strong low 17.43). Nearest demand OB 21.11 - 21.50, supply OB 38.60 - 40.49.
How to read this signal
- 1 Not triggered yet: the pattern is still forming on the 1 hour chart.
- 2 A 1 hour close above 28.32 (+4.8%) would be an upside breakout.
- 3 A 1 hour close below 26.60 (-1.6%) would be a downside breakout.
- 4 Until one of the lines breaks, there is no target or invalidation level.
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.