PSX · AUTOMOBILE ASSEMBLER · 30 Min
GHNI Rising Wedge breakdown
Ghandhara Industries Limited · 13 Nov 2026 · 14:30 PKT
▼ Bearish Breakout Pattern breakout Against the trend
Closed at 1,265.00 on the breakout. Target 1,250.57, invalidation 1,298.00.
Trade plan
● Active- Close
- 1,265.00
- ▼ 0.24%
- Target
- 1,250.57
- -1.1%
- Invalidation
- 1,298.00
- +2.6%
RiskReward
- Reward : risk
- 0.4 : 1
- ATR
- 11.82
- Price now
- 1,265.00 0.0%
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
GHNI broke below its rising wedge on the 30-minute close at 1,265.00.
Projected target 1,250.57 (-1.1%). The pattern is invalidated beyond 1,298.00 (+2.6%), a reward-to-risk of about 0.4 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bullish external, bullish internal (strong low 1,230.00). Nearest demand OB 1,232.12 - 1,239.79.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing below the pattern at 1,265.00.
- 2 The target, 1,250.57 (-1.1%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 1,298.00 (+2.6%), cancels the setup.
- 4 Reward : risk is 0.4 : 1: the distance to the target divided by the distance to invalidation.
- 5 Trend context: against 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.