PSX · MODARABAS · 30 Min
SINDM Ascending Triangle forming
Sindh Modaraba · 20 Oct 2026 · 15:00 PKT
▲ Bullish Forming Chart pattern With the trend
Lines to watch
Awaiting breakout- Close
- 59.00
- ▼ 1.83%
- Upper line
- 61.55
- +4.3%
- Lower line
- 58.09
- -1.5%
- ATR
- 2.10
- 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
SINDM is compressing inside an ascending triangle on the 30-minute chart - 5 swing points, 12.0x ATR wide at the start.
Upper line 61.55, lower line 58.09. The pattern favours an upside resolution: a 30-minute close above 61.97 confirms an upside breakout, a close below 57.67 a downside break.
Structure: bullish external, bullish internal (strong low 32.01). Nearest demand OB 35.13 - 35.50.
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 61.55 (+4.3%) would be an upside breakout.
- 3 A 30 min close below 58.09 (-1.5%) 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.