PSX · CHEMICAL · 1 Hour
DYNO Descending Triangle breakdown
Dynea Pakistan Limited · 21 Oct 2026 · 09:30 PKT
▼ Bearish Breakout Pattern breakout Against the trend
Closed at 326.99 on the breakout. Target 315.77, invalidation 340.00.
Trade plan
● Active- Close
- 326.99
- ▼ 0.76%
- Target
- 315.77
- -3.4%
- Invalidation
- 340.00
- +4.0%
RiskReward
- Reward : risk
- 0.9 : 1
- ATR
- 4.99
- Price now
- 326.99 0.0%
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
DYNO broke below its descending triangle on the hourly close at 326.99.
Projected target 315.77 (-3.4%). The pattern is invalidated beyond 340.00 (+4.0%), 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 254.30). Nearest demand OB 306.00 - 307.00, supply OB 330.12 - 338.00.
How to read this signal
- 1 The breakout was confirmed by the 1 hour candle closing below the pattern at 326.99.
- 2 The target, 315.77 (-3.4%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 340.00 (+4.0%), cancels the setup.
- 4 Reward : risk is 0.9 : 1: the distance to the target divided by the distance to invalidation.
- 5 Trend context: against 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).