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PSX · REAL ESTATE INVESTMENT TRUST · 1 Hour

DCR Ascending Triangle forming

Dolmen City REIT · 02 Nov 2026 · 11:30 PKT

▲ Bullish Forming Chart pattern With the trend

Lines to watch

Awaiting breakout
Close
38.70
▼ 1.20%
Upper line
39.78
+2.8%
Lower line
37.06
-4.2%
ATR
0.42
DCR Ascending Triangle forming on the 1 hour chart, 02 Nov 2026 · 11:30 PKT — PSX pattern signal by Smart Money
  • 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

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The breakdown

DCR is compressing inside an ascending triangle on the hourly chart - 5 swing points, 11.8x ATR wide at the start.

Upper line 39.78, lower line 37.06. The pattern favours an upside resolution: a hourly close above 39.86 confirms an upside breakout, a close below 36.98 a downside break.

Structure: bullish external, bearish internal (strong low 36.52). Nearest demand OB 32.51 - 32.75, supply OB 40.15 - 40.20.

How to read this signal

  1. 1 Not triggered yet: the pattern is still forming on the 1 hour chart.
  2. 2 A 1 hour close above 39.78 (+2.8%) would be an upside breakout.
  3. 3 A 1 hour close below 37.06 (-4.2%) would be a downside breakout.
  4. 4 Until one of the lines breaks, there is no target or invalidation level.

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.
Ascending triangle signals and their record on PSX →

Analysis by

Smart Money

smartmoney.pk · @smartmoneypk

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

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