PSX · FOOD & PERSONAL CARE PRODUCTS · 1 Hour
ISIL Descending Triangle breakout
Ismail Industries Limited · 20 Oct 2026 · 12:30 PKT
▲ Bullish Breakout Pattern breakout With the trend
Closed at 1,849.00 on the breakout. Target 1,908.18, invalidation 1,777.00.
Trade plan
● Active- Close
- 1,849.00
- ▲ 3.59%
- Target
- 1,908.18
- +3.2%
- Invalidation
- 1,777.00
- -3.9%
RiskReward
- Reward : risk
- 0.8 : 1
- ATR
- 28.30
- Price now
- 1,810.01 -2.1%
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
ISIL broke above its descending triangle on the hourly close at 1,849.00.
Projected target 1,908.18 (+3.2%). The pattern is invalidated beyond 1,777.00 (-3.9%), a reward-to-risk of about 0.8 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bullish external, bullish internal (strong low 1,725.01). Nearest supply OB 2,179.00 - 2,202.00.
How to read this signal
- 1 The breakout was confirmed by the 1 hour candle closing above the pattern at 1,849.00.
- 2 The target, 1,908.18 (+3.2%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 1,777.00 (-3.9%), cancels the setup.
- 4 Reward : risk is 0.8 : 1: the distance to the target divided by the distance to invalidation.
- 5 Trend context: with the trend.
Pattern guide
About the descending triangle
A descending triangle is a falling upper trendline meeting flat support; a close below support usually continues the fall, a close above the trendline signals a reversal.
- 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 (a fake-out).