PSX · PHARMACEUTICALS · 1 Hour
SEARL Rising Wedge breakdown
The Searle Company Limited · 12 Nov 2026 · 11:30 PKT
▼ Bearish Breakout Pattern breakout With the trend
Closed at 79.53 on the breakout. Target 77.96, invalidation 82.60.
Trade plan
● Active- Close
- 79.53
- ▼ 2.00%
- Target
- 77.96
- -2.0%
- Invalidation
- 82.60
- +3.9%
RiskReward
- Reward : risk
- 0.5 : 1
- ATR
- 0.98
- Price now
- 79.70 +0.2%
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
SEARL broke below its rising wedge on the hourly close at 79.53.
Projected target 77.96 (-2.0%). The pattern is invalidated beyond 82.60 (+3.9%), a reward-to-risk of about 0.5 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bearish external, bullish internal (strong high 101.25). Nearest demand OB 76.60 - 77.69, supply OB 83.60 - 85.35.
How to read this signal
- 1 The breakout was confirmed by the 1 hour candle closing below the pattern at 79.53.
- 2 The target, 77.96 (-2.0%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 82.60 (+3.9%), cancels the setup.
- 4 Reward : risk is 0.5 : 1: the distance to the target divided by the distance to invalidation.
- 5 Trend context: with the trend.
Pattern guide
About the rising wedge
A rising wedge is two upward-sloping lines that converge; the buying loses momentum and a break below the lower line is usually bearish.
- Confirmation
- A close below the lower wedge line.
- Target
- The wedge's widest height, projected down from the breakout.
- Fails if
- A close back above the lower line or above the wedge's last high.