PSX · FOOD & PERSONAL CARE PRODUCTS · 1 Hour
BBFL Symmetrical Triangle breakdown
Big Bird Foods Limited · 02 Nov 2026 · 12:30 PKT
▼ Bearish Breakout Pattern breakout
Closed at 36.20 on the breakout. Target 33.32, invalidation 38.40.
Trade plan
● Active- Close
- 36.20
- ▼ 1.90%
- Target
- 33.32
- -8.0%
- Invalidation
- 38.40
- +6.1%
RiskReward
- Reward : risk
- 1.3 : 1
- ATR
- 0.50
- Price now
- 37.00 +2.2%
Outcome measured on the 1 hour 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 1 Hour candles · click to enlarge
The breakdown
BBFL broke below its symmetrical triangle on the hourly close at 36.20.
Projected target 33.32 (-8.0%). The pattern is invalidated beyond 38.40 (+6.1%), a reward-to-risk of about 1.3 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bearish external, bullish internal (strong high 41.99). Nearest demand OB 34.92 - 35.44, supply OB 47.40 - 48.44.
How to read this signal
- 1 The breakout was confirmed by the 1 hour candle closing below the pattern at 36.20.
- 2 The target, 33.32 (-8.0%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 38.40 (+6.1%), cancels the setup.
- 4 Reward : risk is 1.3 : 1: the distance to the target divided by the distance to invalidation.
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.