PSX · INSURANCE · 30 Min
TPLI Ascending Triangle forming
TPL Insurance Limited · 11 Nov 2026 · 11:00 PKT
▲ Bullish Forming Chart pattern With the trend
Lines to watch
Awaiting breakout- Close
- 101.00
- ▲ 0.83%
- Upper line
- 103.96
- +2.9%
- Lower line
- 94.27
- -6.7%
- ATR
- 2.83
- 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
TPLI is compressing inside an ascending triangle on the 30-minute chart - 5 swing points, 7.1x ATR wide at the start.
Upper line 103.96, lower line 94.27. The pattern favours an upside resolution: a 30-minute close above 104.53 confirms an upside breakout, a close below 93.70 a downside break.
Structure: bullish external, bullish internal (strong low 88.15). Nearest demand OB 75.00 - 76.00.
How to read this signal
- 1 Not triggered yet: the pattern is still forming on the 30 min chart.
- 2 A 30 min close above 103.96 (+2.9%) would be an upside breakout.
- 3 A 30 min close below 94.27 (-6.7%) would be a downside breakout.
- 4 Until one of the lines breaks, there is no target or invalidation level.
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.