PSX · GLASS & CERAMICS · 1 Hour
FRCL Descending Triangle breakout
Frontier Ceramics Limited · 12 Nov 2026 · 12:30 PKT
▲ Bullish Breakout Pattern breakout With the trend
Closed at 98.69 on the breakout. Target 116.36, invalidation 85.22.
Trade plan
● Active- Close
- 98.69
- ▲ 0.00%
- Target
- 116.36
- +17.9%
- Invalidation
- 85.22
- -13.6%
RiskReward
- Reward : risk
- 1.3 : 1
- ATR
- 4.32
- Price now
- 98.69 0.0%
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
FRCL broke above its descending triangle on the hourly close at 98.69.
Projected target 116.36 (+17.9%). The pattern is invalidated beyond 85.22 (-13.6%), a reward-to-risk of about 1.3 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bullish external, bearish internal (strong low 64.00). Nearest demand OB 76.01 - 80.00, supply OB 102.00 - 107.00.
How to read this signal
- 1 The breakout was confirmed by the 1 hour candle closing above the pattern at 98.69.
- 2 The target, 116.36 (+17.9%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 85.22 (-13.6%), cancels the setup.
- 4 Reward : risk is 1.3 : 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).