PSX · INV. BANKS / INV. COS. / SECURITIES COS. · 30 Min
786 Ascending Triangle breakdown
786 Investments Limited · 20 Oct 2026 · 13:00 PKT
▼ Bearish Breakout Pattern breakout With the trend
Closed at 20.33 on the breakout. Target 18.95, invalidation 21.60.
Trade plan
● Active- Close
- 20.33
- ▼ 0.73%
- Target
- 18.95
- -6.8%
- Invalidation
- 21.60
- +6.2%
RiskReward
- Reward : risk
- 1.1 : 1
- ATR
- 0.38
- Price now
- 20.49 +0.8%
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
786 broke below its ascending triangle on the 30-minute close at 20.33.
Projected target 18.95 (-6.8%). The pattern is invalidated beyond 21.60 (+6.2%), a reward-to-risk of about 1.1 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bearish external, bullish internal (strong high 29.35). Nearest supply OB 25.65 - 25.85.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing below the pattern at 20.33.
- 2 The target, 18.95 (-6.8%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 21.60 (+6.2%), cancels the setup.
- 4 Reward : risk is 1.1 : 1: the distance to the target divided by the distance to invalidation.
- 5 Trend context: with the trend.
Pattern guide
About the ascending triangle
An ascending triangle is rising support meeting flat resistance; a close above resistance usually continues the rise, a close below support signals weakness.
- 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.