PSX · OIL & GAS MARKETING COMPANIES · 30 Min
HTL Symmetrical Triangle breakout
Hi-Tech Lubricants Limited · 11 Nov 2026 · 13:30 PKT
▲ Bullish Breakout Pattern breakout
Closed at 38.52 on the breakout. Target 44.43, invalidation 36.86.
Trade plan
● Active- Close
- 38.52
- ▲ 0.94%
- Target
- 44.43
- +15.3%
- Invalidation
- 36.86
- -4.3%
RiskReward
- Reward : risk
- 3.6 : 1
- ATR
- 0.40
- Price now
- 38.50 -0.1%
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
HTL broke above its symmetrical triangle on the 30-minute close at 38.52.
Projected target 44.43 (+15.3%). The pattern is invalidated beyond 36.86 (-4.3%), a reward-to-risk of about 3.6 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bearish external, bullish internal (strong high 41.11). Nearest demand OB 35.22 - 36.76, supply OB 46.40 - 47.00.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing above the pattern at 38.52.
- 2 The target, 44.43 (+15.3%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 36.86 (-4.3%), cancels the setup.
- 4 Reward : risk is 3.6 : 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.