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PSX · FOOD & PERSONAL CARE PRODUCTS · 1 Hour

PREMA Symmetrical Triangle breakdown

At-Tahur Limited · 12 Nov 2026 · 14:30 PKT

▼ Bearish Breakout Pattern breakout

Closed at 30.43 on the breakout. Target 27.84, invalidation 31.50.

Trade plan

Close
30.43
▼ 0.23%
Target
27.84
-8.5%
Invalidation
31.50
+3.5%

RiskReward

Reward : risk
2.4 : 1
ATR
0.36
PREMA Symmetrical Triangle breakdown on the 1 hour chart, 12 Nov 2026 · 14:30 PKT — PSX pattern signal by Smart Money
  • 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

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The breakdown

PREMA broke below its symmetrical triangle on the hourly close at 30.43.

Projected target 27.84 (-8.5%). The pattern is invalidated beyond 31.50 (+3.5%), a reward-to-risk of about 2.4 : 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 demand OB 25.91 - 26.50, supply OB 41.74 - 43.27.

How to read this signal

  1. 1 The breakout was confirmed by the 1 hour candle closing below the pattern at 30.43.
  2. 2 The target, 27.84 (-8.5%), is the pattern's height projected from the breakout.
  3. 3 A move to the invalidation level, 31.50 (+3.5%), cancels the setup.
  4. 4 Reward : risk is 2.4 : 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.
Symmetrical triangle signals and their record on PSX →

Analysis by

Smart Money

smartmoney.pk · @smartmoneypk

Technical analysis for education only — not investment advice. Patterns can fail; manage your own risk.

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