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PSX · PHARMACEUTICALS · 30 Min

MACTER Symmetrical Triangle breakdown

Macter International Limited · 02 Nov 2026 · 13:00 PKT

▼ Bearish Breakout Pattern breakout

Closed at 227.00 on the breakout. Target 213.20, invalidation 234.80.

Trade plan

● Active
Close
227.00
▼ 1.15%
Target
213.20
-6.1%
Invalidation
234.80
+3.4%

RiskReward

Reward : risk
1.8 : 1
ATR
2.73
Price now
227.00 0.0%

Outcome measured on the 30 min bars after the signal: target or invalidation, whichever is touched first; a bar touching both counts as invalidated.

MACTER Symmetrical Triangle breakdown on the 30 min chart, 02 Nov 2026 · 13:00 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 30 Min candles · click to enlarge

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The breakdown

MACTER broke below its symmetrical triangle on the 30-minute close at 227.00.

Projected target 213.20 (-6.1%). The pattern is invalidated beyond 234.80 (+3.4%), a reward-to-risk of about 1.8 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.

Structure: bearish external, bullish internal (strong high 276.99). Nearest supply OB 257.18 - 261.00.

How to read this signal

  1. 1 The breakout was confirmed by the 30 min candle closing below the pattern at 227.00.
  2. 2 The target, 213.20 (-6.1%), is the pattern's height projected from the breakout.
  3. 3 A move to the invalidation level, 234.80 (+3.4%), cancels the setup.
  4. 4 Reward : risk is 1.8 : 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.
Symmetrical 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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