PSX · PHARMACEUTICALS · Daily
MACTER Falling Wedge breakout
Macter International Limited · 12 Nov 2026
▲ Bullish Breakout Pattern breakout Against the trend
Closed at 255.39 on the breakout. Target 287.83, invalidation 220.00.
Trade plan
- Close
- 255.39
- ▲ 1.22%
- Target
- 287.83
- +12.7%
- Invalidation
- 220.00
- -13.9%
RiskReward
- Reward : risk
- 0.9 : 1
- ATR
- 10.37
- 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 Daily candles · click to enlarge
The breakdown
MACTER broke above its falling wedge on the daily close at 255.39.
Projected target 287.83 (+12.7%). The pattern is invalidated beyond 220.00 (-13.9%), a reward-to-risk of about 0.9 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bearish external, bearish internal (strong high 621.82). Nearest demand OB 160.00 - 169.00, supply OB 347.77 - 355.10.
How to read this signal
- 1 The breakout was confirmed by the daily candle closing above the pattern at 255.39.
- 2 The target, 287.83 (+12.7%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 220.00 (-13.9%), cancels the setup.
- 4 Reward : risk is 0.9 : 1: the distance to the target divided by the distance to invalidation.
- 5 Trend context: against the trend.
Pattern guide
About the falling wedge
A falling wedge is two downward-sloping lines that converge; the selling loses momentum and a break above the upper line is usually bullish.
- Confirmation
- A close above the upper wedge line.
- Target
- The wedge's widest height, projected up from the breakout.
- Fails if
- A close back below the upper line or below the wedge's last low.