PSX · TEXTILE COMPOSITE · 30 Min
KML Symmetrical Triangle breakout
Kohinoor Mills Limited · 04 Nov 2026 · 09:30 PKT
▲ Bullish Breakout Pattern breakout
Closed at 8.15 on the breakout. Target 8.65, invalidation 7.82.
Trade plan
● Active- Close
- 8.15
- ▲ 2.77%
- Target
- 8.65
- +6.1%
- Invalidation
- 7.82
- -4.0%
RiskReward
- Reward : risk
- 1.5 : 1
- ATR
- 0.11
- Price now
- 8.10 -0.6%
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
KML broke above its symmetrical triangle on the 30-minute close at 8.15.
Projected target 8.65 (+6.1%). The pattern is invalidated beyond 7.82 (-4.0%), a reward-to-risk of about 1.5 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bullish external, bearish internal (strong low 7.69). Nearest supply OB 8.25 - 8.35.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing above the pattern at 8.15.
- 2 The target, 8.65 (+6.1%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 7.82 (-4.0%), cancels the setup.
- 4 Reward : risk is 1.5 : 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.