PSX · INSURANCE · 30 Min
AICL Descending Triangle breakdown
Adamjee Insurance Company Limited · 13 Nov 2026 · 16:00 PKT
▼ Bearish Breakout Pattern breakout Against the trend
Closed at 89.35 on the breakout. Target 87.25, invalidation 93.83.
Trade plan
● Active- Close
- 89.35
- ▼ 1.31%
- Target
- 87.25
- -2.4%
- Invalidation
- 93.83
- +5.0%
RiskReward
- Reward : risk
- 0.5 : 1
- ATR
- 0.98
- Price now
- 89.35 0.0%
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
AICL broke below its descending triangle on the 30-minute close at 89.35.
Projected target 87.25 (-2.4%). The pattern is invalidated beyond 93.83 (+5.0%), a reward-to-risk of about 0.5 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bullish external, bearish internal (strong low 82.60). Nearest demand OB 85.50 - 88.50.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing below the pattern at 89.35.
- 2 The target, 87.25 (-2.4%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 93.83 (+5.0%), cancels the setup.
- 4 Reward : risk is 0.5 : 1: the distance to the target divided by the distance to invalidation.
- 5 Trend context: against the trend.
Pattern guide
About the descending triangle
A descending triangle is a falling upper trendline meeting flat support; a close below support usually continues the fall, a close above the trendline signals a reversal.
- 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 (a fake-out).