PSX · FOOD & PERSONAL CARE PRODUCTS · 1 Hour
ZIL Symmetrical Triangle breakdown
ZIL Limited · 11 Nov 2026 · 13:30 PKT
▼ Bearish Breakout Pattern breakout
Closed at 290.01 on the breakout. Target 262.23, invalidation 312.45.
Trade plan
● Active- Close
- 290.01
- ▼ 0.90%
- Target
- 262.23
- -9.6%
- Invalidation
- 312.45
- +7.7%
RiskReward
- Reward : risk
- 1.2 : 1
- ATR
- 4.31
- Price now
- 288.99 -0.4%
Outcome measured on the 1 hour 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 1 Hour candles · click to enlarge
The breakdown
ZIL broke below its symmetrical triangle on the hourly close at 290.01.
Projected target 262.23 (-9.6%). The pattern is invalidated beyond 312.45 (+7.7%), a reward-to-risk of about 1.2 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bearish external, bullish internal (strong high 400.00). Nearest supply OB 346.00 - 349.97.
How to read this signal
- 1 The breakout was confirmed by the 1 hour candle closing below the pattern at 290.01.
- 2 The target, 262.23 (-9.6%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 312.45 (+7.7%), cancels the setup.
- 4 Reward : risk is 1.2 : 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.