PSX · AUTOMOBILE PARTS & ACCESSORIES · 30 Min
AGIL Bear Pennant breakdown
Agriauto Industries Limited · 03 Nov 2026 · 10:30 PKT
▼ Bearish Breakout Pattern breakout With the trend
Closed at 128.00 on the breakout. Target 124.52, invalidation 130.00.
Trade plan
● Active- Close
- 128.00
- ▼ 0.77%
- Target
- 124.52
- -2.7%
- Invalidation
- 130.00
- +1.6%
RiskReward
- Reward : risk
- 1.7 : 1
- ATR
- 1.04
- Price now
- 128.01 +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.
- 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
AGIL broke below its bear pennant on the 30-minute close at 128.00.
Projected target 124.52 (-2.7%). The pattern is invalidated beyond 130.00 (+1.6%), a reward-to-risk of about 1.7 : 1.
Structure: bearish external, bearish internal (strong high 139.90). Nearest supply OB 129.56 - 130.00.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing below the pattern at 128.00.
- 2 The target, 124.52 (-2.7%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 130.00 (+1.6%), cancels the setup.
- 4 Reward : risk is 1.7 : 1: the distance to the target divided by the distance to invalidation.
- 5 Trend context: with the trend.
Pattern guide
About the bear pennant
A bear pennant is a sharp fall followed by a small symmetrical triangle; a break below it usually continues the fall.
- Confirmation
- A close below the pennant.
- Target
- The length of the pole, projected down from the breakout.
- Fails if
- A close above the pennant.