PSX · POWER GENERATION & DISTRIBUTION · 1 Hour
KAPCO Symmetrical Triangle breakdown
Kot Addu Power Company Limited · 02 Nov 2026 · 12:30 PKT
▼ Bearish Breakout Pattern breakout
Closed at 24.00 on the breakout. Target 22.05, invalidation 24.53.
Trade plan
● Active- Close
- 24.00
- ▼ 0.08%
- Target
- 22.05
- -8.1%
- Invalidation
- 24.53
- +2.2%
RiskReward
- Reward : risk
- 3.7 : 1
- ATR
- 0.21
- Price now
- 24.00 0.0%
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
KAPCO broke below its symmetrical triangle on the hourly close at 24.00.
Projected target 22.05 (-8.1%). The pattern is invalidated beyond 24.53 (+2.2%), a reward-to-risk of about 3.7 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bearish external, bullish internal (strong high 26.98). Nearest supply OB 33.31 - 33.58.
How to read this signal
- 1 The breakout was confirmed by the 1 hour candle closing below the pattern at 24.00.
- 2 The target, 22.05 (-8.1%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 24.53 (+2.2%), cancels the setup.
- 4 Reward : risk is 3.7 : 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.