PSX · MISCELLANEOUS · Daily
UDLI Falling Wedge breakout
UDL International Limited · 12 Nov 2026
▲ Bullish Breakout Pattern breakout Against the trend
Closed at 16.71 on the breakout. Target 20.33, invalidation 15.17.
Trade plan
- Close
- 16.71
- ▲ 6.84%
- Target
- 20.33
- +21.7%
- Invalidation
- 15.17
- -9.2%
RiskReward
- Reward : risk
- 2.4 : 1
- ATR
- 0.77
- 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
UDLI broke above its falling wedge on the daily close at 16.71.
Projected target 20.33 (+21.7%). The pattern is invalidated beyond 15.17 (-9.2%), a reward-to-risk of about 2.4 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bearish external, bearish internal (strong high 24.93). Nearest demand OB 12.05 - 13.00, supply OB 18.11 - 18.79.
How to read this signal
- 1 The breakout was confirmed by the daily candle closing above the pattern at 16.71.
- 2 The target, 20.33 (+21.7%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 15.17 (-9.2%), cancels the setup.
- 4 Reward : risk is 2.4 : 1: the distance to the target divided by the distance to invalidation.
- 5 Trend context: against 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.