PSX · INSURANCE · Daily
CSIL Descending Triangle breakout
Crescent Star Insurance Limited · 11 Nov 2026
▲ Bullish Breakout Pattern breakout With the trend
Closed at 6.09 on the breakout. Target 6.61, invalidation 4.90.
Trade plan
● Active- Close
- 6.09
- ▲ 8.75%
- Target
- 6.61
- +8.5%
- Invalidation
- 4.90
- -19.5%
RiskReward
- Reward : risk
- 0.4 : 1
- ATR
- 0.36
- Price now
- 6.09 0.0%
Outcome measured on the daily 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 Daily candles · click to enlarge
The breakdown
CSIL broke above its descending triangle on the daily close at 6.09.
Projected target 6.61 (+8.5%). The pattern is invalidated beyond 4.90 (-19.5%), a reward-to-risk of about 0.4 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bullish external, bullish internal (strong low 0.85). Nearest demand OB 3.26 - 3.78, supply OB 7.91 - 8.80.
How to read this signal
- 1 The breakout was confirmed by the daily candle closing above the pattern at 6.09.
- 2 The target, 6.61 (+8.5%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 4.90 (-19.5%), cancels the setup.
- 4 Reward : risk is 0.4 : 1: the distance to the target divided by the distance to invalidation.
- 5 Trend context: with the trend.
Pattern guide
About the descending triangle
A descending triangle is a falling upper trendline meeting flat support; a close below support usually continues the fall, a close above the trendline signals a reversal.
- 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 (a fake-out).