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PSX · MISCELLANEOUS · 1 Hour

ARPAK Descending Triangle breakout

Arpak International Investments Ltd. · 02 Nov 2026 · 14:30 PKT

▲ Bullish Breakout Pattern breakout Against the trend

Closed at 126.74 on the breakout. Target 154.66, invalidation 112.00.

Trade plan

● Active
Close
126.74
▲ 11.17%
Target
154.66
+22.0%
Invalidation
112.00
-11.6%

RiskReward

Reward : risk
1.9 : 1
ATR
7.77
Price now
126.74 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.

ARPAK Descending Triangle breakout on the 1 hour chart, 02 Nov 2026 · 14:30 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

ARPAK broke above its descending triangle on the hourly close at 126.74.

Projected target 154.66 (+22.0%). The pattern is invalidated beyond 112.00 (-11.6%), a reward-to-risk of about 1.9 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.

Structure: bearish external, bearish internal (strong high 138.19). Nearest demand OB 68.00 - 71.00, supply OB 160.12 - 180.00.

How to read this signal

  1. 1 The breakout was confirmed by the 1 hour candle closing above the pattern at 126.74.
  2. 2 The target, 154.66 (+22.0%), is the pattern's height projected from the breakout.
  3. 3 A move to the invalidation level, 112.00 (-11.6%), cancels the setup.
  4. 4 Reward : risk is 1.9 : 1: the distance to the target divided by the distance to invalidation.
  5. 5 Trend context: against the trend.

Pattern guide

About the descending triangle

A descending triangle is a falling upper trendline meeting flat support; a close below support usually continues the fall, a close above the trendline signals a reversal.

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 (a fake-out).
Descending 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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