PSX · INSURANCE · 1 Hour
PKGI Ascending Triangle forming
The Pakistan General Insurance Co. Ltd. · 13 Nov 2026 · 15:30 PKT
▲ Bullish Forming Chart pattern Against the trend
Lines to watch
Awaiting breakout- Close
- 23.63
- ▼ 1.42%
- Upper line
- 25.69
- +8.7%
- Lower line
- 22.61
- -4.3%
- ATR
- 0.67
- 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
PKGI is compressing inside an ascending triangle on the hourly chart - 5 swing points, 11.6x ATR wide at the start.
Upper line 25.69, lower line 22.61. The pattern favours an upside resolution: a hourly close above 25.82 confirms an upside breakout, a close below 22.48 a downside break.
Structure: bearish external, bullish internal (strong high 26.60). Nearest demand OB 17.51 - 18.76, supply OB 30.99 - 32.65.
How to read this signal
- 1 Not triggered yet: the pattern is still forming on the 1 hour chart.
- 2 A 1 hour close above 25.69 (+8.7%) would be an upside breakout.
- 3 A 1 hour close below 22.61 (-4.3%) would be a downside breakout.
- 4 Until one of the lines breaks, there is no target or invalidation level.
Pattern guide
About the ascending triangle
An ascending triangle is rising support meeting flat resistance; a close above resistance usually continues the rise, a close below support signals weakness.
- 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.