PSX · CEMENT · 30 Min
LUCK Symmetrical Triangle forming
Lucky Cement Limited · 20 Oct 2026 · 14:30 PKT
◆ Neutral Forming Chart pattern
Lines to watch
Awaiting breakout- Close
- 399.94
- ▼ 0.16%
- Upper line
- 403.40
- +0.9%
- Lower line
- 399.93
- 0.0%
- ATR
- 1.48
- 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
LUCK is compressing inside a symmetrical triangle on the 30-minute chart - 5 swing points, 15.1x ATR wide at the start.
Upper line 403.40, lower line 399.93. The pattern has no built-in bias: a 30-minute close above 403.70 confirms an upside breakout, a close below 399.63 a downside break.
Structure: bearish external, bearish internal (strong high 428.92). Nearest supply OB 400.50 - 403.94.
How to read this signal
- 1 Not triggered yet: the pattern is still forming on the 30 min chart.
- 2 A 30 min close above 403.40 (+0.9%) would be an upside breakout.
- 3 A 30 min close below 399.93 (0.0%) would be a downside breakout.
- 4 Until one of the lines breaks, there is no target or invalidation level.
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.