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Pattern guide · Either direction

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.

Breakout record on PSX · last 90 days

75%

9 of 12 resolved breakouts reached their target before invalidation.

9
Target
3
Invalid.
4
Expired
39
Active

Measured on the bars after each breakout: target or invalidation, whichever is touched first. Past outcomes do not predict future ones.

How the descending triangle works

Sellers push each rally lower while buyers defend the same support level. The squeeze ends when one side gives way.

It is more often a bearish continuation pattern, but breakouts above the falling trendline, especially with the larger trend, are common on PSX stocks.

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).

Latest descending triangle signals

HPL chart 30 Min Forming
HPL ▼ Bearish

Descending Triangle forming

HPL is compressing inside a descending triangle on the 30-minute chart - 5 swing points, 14.5x ATR wide at the start.

Close
3,945.01
Above
3,997.76
+1.3%
Below
3,936.24
-0.2%
Awaiting breakout

14 Oct 2026 · 11:00 PKT Chart pattern

NBP chart 30 Min Breakout
NBP ▲ Bullish

Descending Triangle breakout

NBP broke above its descending triangle on the 30-minute close at 158.51.

Close
158.51
Target
162.18
+2.3%
Stop
155.01
-2.2%
● Active R:R 1.0

14 Oct 2026 · 11:00 PKT Chart pattern

EFERT chart 30 Min Forming
EFERT ▼ Bearish

Descending Triangle forming

EFERT is compressing inside a descending triangle on the 30-minute chart - 5 swing points, 12.7x ATR wide at the start.

Close
191.00
Above
191.73
+0.4%
Below
190.12
-0.5%
Awaiting breakout

14 Oct 2026 · 10:00 PKT Chart pattern

PMRS chart 1 Hour Breakout
PMRS ▲ Bullish

Descending Triangle breakout

PMRS broke above its descending triangle on the hourly close at 391.99.

Close
391.99
Target
413.98
+5.6%
Stop
341.01
-13.0%
● Active R:R 0.4

14 Oct 2026 · 09:30 PKT Chart pattern

AMTEX chart 30 Min Forming
AMTEX ▼ Bearish

Descending Triangle forming

AMTEX is compressing inside a descending triangle on the 30-minute chart - 5 swing points, 10.4x ATR wide at the start.

Close
3.91
Above
4.05
+3.6%
Below
3.80
-2.8%
Awaiting breakout

14 Oct 2026 · 09:30 PKT Chart pattern

BFAGRO chart 30 Min Breakout
BFAGRO ▲ Bullish

Descending Triangle breakout

BFAGRO broke above its descending triangle on the 30-minute close at 27.40.

Close
27.40
Target
30.09
+9.8%
Stop
25.50
-6.9%
● Active R:R 1.4

13 Oct 2026 · 15:00 PKT Chart pattern

CPPL chart 30 Min Breakout
CPPL ▲ Bullish

Descending Triangle breakout

CPPL broke above its descending triangle on the 30-minute close at 93.98.

Close
93.98
Target
97.12
+3.3%
Stop
90.70
-3.5%
● Active R:R 1.0

13 Oct 2026 · 13:30 PKT Chart pattern

CPPL chart 30 Min Breakout
CPPL ▲ Bullish

Descending Triangle breakout

CPPL broke above its descending triangle on the 30-minute close at 94.00.

Close
94.00
Target
97.12
+3.3%
Stop
90.70
-3.5%
● Active R:R 0.9

13 Oct 2026 · 12:30 PKT Chart pattern

CPPL chart 30 Min Breakout
CPPL ▲ Bullish

Descending Triangle breakout

CPPL broke above its descending triangle on the 30-minute close at 94.77.

Close
94.77
Target
97.12
+2.5%
Stop
90.70
-4.3%
● Active R:R 0.6

13 Oct 2026 · 11:00 PKT Chart pattern

KTML chart 30 Min Breakout
KTML ▲ Bullish

Descending Triangle breakout

KTML broke above its descending triangle on the 30-minute close at 40.21.

Close
40.21
Target
43.48
+8.1%
Stop
38.21
-5.0%
● Active R:R 1.6

13 Oct 2026 · 10:00 PKT Chart pattern

CPPL chart 1 Hour Breakout
CPPL ▲ Bullish

Descending Triangle breakout

CPPL broke above its descending triangle on the hourly close at 94.00.

Close
94.00
Target
97.74
+4.0%
Stop
90.70
-3.5%
● Active R:R 1.1

13 Oct 2026 · 09:30 PKT Chart pattern

TATM chart Daily Breakout
TATM ▲ Bullish

Descending Triangle breakout

TATM broke above its descending triangle on the daily close at 151.09.

Close
151.09
Target
201.44
+33.3%
Stop
139.10
-7.9%
● Active R:R 4.2

13 Oct 2026 Chart pattern

POWER chart 30 Min Breakout
POWER ▼ Bearish

Descending Triangle breakdown

POWER broke below its descending triangle on the 30-minute close at 20.95.

Close
20.95
Target
20.53
-2.0%
Stop
21.69
+3.5%
– Expired R:R 0.6

12 Oct 2026 · 13:30 PKT Chart pattern

POWER chart 30 Min Breakout
POWER ▼ Bearish

Descending Triangle breakdown

POWER broke below its descending triangle on the 30-minute close at 21.17.

Close
21.17
Target
20.54
-3.0%
Stop
21.69
+2.5%
– Expired R:R 1.2

12 Oct 2026 · 13:00 PKT Chart pattern

POWER chart 30 Min Breakout
POWER ▼ Bearish

Descending Triangle breakdown

POWER broke below its descending triangle on the 30-minute close at 21.00.

Close
21.00
Target
20.59
-2.0%
Stop
21.69
+3.3%
– Expired R:R 0.6

12 Oct 2026 · 11:00 PKT Chart pattern

BFAGRO chart 30 Min Forming
BFAGRO ▼ Bearish

Descending Triangle forming

BFAGRO is compressing inside a descending triangle on the 30-minute chart - 5 swing points, 8.7x ATR wide at the start.

Close
26.74
Above
27.44
+2.6%
Below
25.70
-3.9%
Awaiting breakout

12 Oct 2026 · 11:00 PKT Chart pattern

POWER chart 30 Min Breakout
POWER ▼ Bearish

Descending Triangle breakdown

POWER broke below its descending triangle on the 30-minute close at 21.06.

Close
21.06
Target
20.62
-2.1%
Stop
21.69
+3.0%
– Expired R:R 0.7

12 Oct 2026 · 10:00 PKT Chart pattern

ITANZ chart 30 Min Forming
ITANZ ▼ Bearish

Descending Triangle forming

ITANZ is compressing inside a descending triangle on the 30-minute chart - 5 swing points, 8.8x ATR wide at the start.

Close
29.00
Above
30.18
+4.1%
Below
28.52
-1.7%
Awaiting breakout

12 Oct 2026 · 09:30 PKT Chart pattern

TATM chart Daily Forming
TATM ▼ Bearish

Descending Triangle forming

TATM is compressing inside a descending triangle on the daily chart - 5 swing points, 11.4x ATR wide at the start.

Close
151.60
Above
150.52
-0.7%
Below
139.57
-7.9%
Awaiting breakout

12 Oct 2026 Chart pattern

KOHTM chart 1 Hour Breakout
KOHTM ▲ Bullish

Descending Triangle breakout

KOHTM broke above its descending triangle on the hourly close at 93.29.

Close
93.29
Target
111.77
+19.8%
Stop
82.00
-12.1%
✓ Target hit R:R 1.6

09 Oct 2026 · 15:30 PKT Chart pattern

AICL chart 1 Hour Forming
AICL ▼ Bearish

Descending Triangle forming

AICL is compressing inside a descending triangle on the hourly chart - 5 swing points, 8.5x ATR wide at the start.

Close
94.20
Above
97.10
+3.1%
Below
91.28
-3.1%
Awaiting breakout

09 Oct 2026 · 15:30 PKT Chart pattern

POWER chart 30 Min Forming
POWER ▼ Bearish

Descending Triangle forming

POWER is compressing inside a descending triangle on the 30-minute chart - 5 swing points, 7.5x ATR wide at the start.

Close
21.37
Above
21.68
+1.5%
Below
21.21
-0.7%
Awaiting breakout

09 Oct 2026 · 15:00 PKT Chart pattern

KTML chart 30 Min Forming
KTML ▼ Bearish

Descending Triangle forming

KTML is compressing inside a descending triangle on the 30-minute chart - 5 swing points, 12.1x ATR wide at the start.

Close
39.04
Above
40.42
+3.5%
Below
37.52
-3.9%
Awaiting breakout

09 Oct 2026 · 15:00 PKT Chart pattern

CPPL chart 1 Hour Breakout
CPPL ▲ Bullish

Descending Triangle breakout

CPPL broke above its descending triangle on the hourly close at 93.98.

Close
93.98
Target
105.97
+12.8%
Stop
90.61
-3.6%
● Active R:R 3.6

09 Oct 2026 · 14:30 PKT Chart pattern

Technical analysis for education only — not investment advice. Patterns can fail; manage your own risk.

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