PSX · TEXTILE COMPOSITE · 1 Hour
HAFL Symmetrical Triangle forming
Hafiz Limited · 13 Nov 2026 · 14:30 PKT
◆ Neutral Forming Chart pattern
Lines to watch
Awaiting breakout- Close
- 459.00
- ▼ 0.63%
- Upper line
- 474.87
- +3.5%
- Lower line
- 430.54
- -6.2%
- ATR
- 12.58
- 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
HAFL is compressing inside a symmetrical triangle on the hourly chart - 5 swing points, 13.0x ATR wide at the start.
Upper line 474.87, lower line 430.54. The pattern has no built-in bias: a hourly close above 477.39 confirms an upside breakout, a close below 428.02 a downside break.
Structure: bullish external, bullish internal (strong low 283.58). Nearest demand OB 297.23 - 301.01, supply OB 591.00 - 629.50.
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 474.87 (+3.5%) would be an upside breakout.
- 3 A 1 hour close below 430.54 (-6.2%) 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.