PSX · PHARMACEUTICALS · 30 Min
ABOT Symmetrical Triangle forming
Abbott Laboratories (Pakistan) Limited · 20 Oct 2026 · 12:00 PKT
◆ Neutral Forming Chart pattern
Lines to watch
Awaiting breakout- Close
- 946.98
- ▲ 0.96%
- Upper line
- 945.99
- -0.1%
- Lower line
- 927.56
- -2.1%
- ATR
- 6.64
- 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
ABOT is compressing inside a symmetrical triangle on the 30-minute chart - 5 swing points, 8.0x ATR wide at the start.
Upper line 945.99, lower line 927.56. The pattern has no built-in bias: a 30-minute close above 947.32 confirms an upside breakout, a close below 926.23 a downside break.
Structure: bullish external, bullish internal (strong low 890.08). Nearest demand OB 882.00 - 883.00, supply OB 1,004.25 - 1,028.99.
How to read this signal
- 1 Not triggered yet: the pattern is still forming on the 30 min chart.
- 2 A 30 min close above 945.99 (-0.1%) would be an upside breakout.
- 3 A 30 min close below 927.56 (-2.1%) 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.