PSX · PHARMACEUTICALS · 30 Min
CPHL Ascending Triangle forming
Citi Pharma Ltd. · 02 Nov 2026 · 13:00 PKT
▲ Bullish Forming Chart pattern With the trend
Lines to watch
Awaiting breakout- Close
- 60.00
- ▼ 0.79%
- Upper line
- 62.37
- +3.9%
- Lower line
- 58.89
- -1.9%
- ATR
- 0.91
- 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
CPHL is compressing inside an ascending triangle on the 30-minute chart - 5 swing points, 11.7x ATR wide at the start.
Upper line 62.37, lower line 58.89. The pattern favours an upside resolution: a 30-minute close above 62.55 confirms an upside breakout, a close below 58.71 a downside break.
Structure: bullish external, bearish internal (strong low 56.11). Nearest supply OB 65.45 - 65.84.
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 62.37 (+3.9%) would be an upside breakout.
- 3 A 30 min close below 58.89 (-1.9%) would be a downside breakout.
- 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.