PSX · CEMENT · 1 Hour
BWCL Symmetrical Triangle breakdown
Bestway Cement Limited · 13 Nov 2026 · 14:30 PKT
▼ Bearish Breakout Pattern breakout
Closed at 455.00 on the breakout. Target 441.25, invalidation 470.00.
Trade plan
● Active- Close
- 455.00
- ▼ 1.11%
- Target
- 441.25
- -3.0%
- Invalidation
- 470.00
- +3.3%
RiskReward
- Reward : risk
- 0.9 : 1
- ATR
- 3.95
- Price now
- 458.80 +0.8%
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
BWCL broke below its symmetrical triangle on the hourly close at 455.00.
Projected target 441.25 (-3.0%). The pattern is invalidated beyond 470.00 (+3.3%), 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: bullish external, bearish internal (strong low 386.00). Nearest demand OB 441.85 - 443.80, supply OB 475.01 - 480.00.
How to read this signal
- 1 The breakout was confirmed by the 1 hour candle closing below the pattern at 455.00.
- 2 The target, 441.25 (-3.0%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 470.00 (+3.3%), cancels the setup.
- 4 Reward : risk is 0.9 : 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.