PSX · FOOD & PERSONAL CARE PRODUCTS · 30 Min
MFFL Symmetrical Triangle forming
Mitchells Fruit Farms Limited · 21 Oct 2026 · 10:30 PKT
◆ Neutral Forming Chart pattern
Lines to watch
Awaiting breakout- Close
- 166.00
- ▲ 0.67%
- Upper line
- 167.62
- +1.0%
- Lower line
- 161.04
- -3.0%
- ATR
- 2.79
- 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
MFFL is compressing inside a symmetrical triangle on the 30-minute chart - 5 swing points, 10.3x ATR wide at the start.
Upper line 167.62, lower line 161.04. The pattern has no built-in bias: a 30-minute close above 168.18 confirms an upside breakout, a close below 160.48 a downside break.
Structure: bullish external, bullish internal (strong low 145.00). Nearest demand OB 151.00 - 155.97, supply OB 187.06 - 189.89.
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 167.62 (+1.0%) would be an upside breakout.
- 3 A 30 min close below 161.04 (-3.0%) 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.