PSX · FOOD & PERSONAL CARE PRODUCTS · 30 Min
PREMA Symmetrical Triangle breakout
At-Tahur Limited · 12 Nov 2026 · 09:30 PKT
▲ Bullish Breakout Pattern breakout
Closed at 31.40 on the breakout. Target 35.14, invalidation 29.95.
Trade plan
● Active- Close
- 31.40
- ▲ 1.78%
- Target
- 35.14
- +11.9%
- Invalidation
- 29.95
- -4.6%
RiskReward
- Reward : risk
- 2.6 : 1
- ATR
- 0.25
- Price now
- 30.46 -3.0%
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
PREMA broke above its symmetrical triangle on the 30-minute close at 31.40.
Projected target 35.14 (+11.9%). The pattern is invalidated beyond 29.95 (-4.6%), a reward-to-risk of about 2.6 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bearish external, bearish internal (strong high 44.00). Nearest supply OB 33.02 - 33.29.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing above the pattern at 31.40.
- 2 The target, 35.14 (+11.9%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 29.95 (-4.6%), cancels the setup.
- 4 Reward : risk is 2.6 : 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.