PSX · COMMERCIAL BANKS · 30 Min
NBP Ascending Triangle breakout
National Bank of Pakistan · 04 Nov 2026 · 12:00 PKT
▲ Bullish Breakout Pattern breakout Against the trend
Closed at 168.90 on the breakout. Target 177.95, invalidation 161.00.
Trade plan
● Active- Close
- 168.90
- ▲ 1.44%
- Target
- 177.95
- +5.4%
- Invalidation
- 161.00
- -4.7%
RiskReward
- Reward : risk
- 1.1 : 1
- ATR
- 1.77
- Price now
- 168.29 -0.4%
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
NBP broke above its ascending triangle on the 30-minute close at 168.90.
Projected target 177.95 (+5.4%). The pattern is invalidated beyond 161.00 (-4.7%), a reward-to-risk of about 1.1 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bearish external, bullish internal (strong high 183.60). Nearest demand OB 162.65 - 163.60, supply OB 170.01 - 171.60.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing above the pattern at 168.90.
- 2 The target, 177.95 (+5.4%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 161.00 (-4.7%), cancels the setup.
- 4 Reward : risk is 1.1 : 1: the distance to the target divided by the distance to invalidation.
- 5 Trend context: against the trend.
Pattern guide
About the ascending triangle
An ascending triangle is rising support meeting flat resistance; a close above resistance usually continues the rise, a close below support signals weakness.
- 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.