PSX · INV. BANKS / INV. COS. / SECURITIES COS. · 30 Min
786 Ascending Triangle breakdown
786 Investments Limited · 21 Oct 2026 · 11:00 PKT
▼ Bearish Breakout Pattern breakout With the trend
Closed at 20.55 on the breakout. Target 18.96, invalidation 21.60.
Trade plan
● Active- Close
- 20.55
- ▼ 0.87%
- Target
- 18.96
- -7.7%
- Invalidation
- 21.60
- +5.1%
RiskReward
- Reward : risk
- 1.5 : 1
- ATR
- 0.43
- Price now
- 20.55 0.0%
Outcome measured on the 30 min 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 30 Min candles · click to enlarge
The breakdown
786 broke below its ascending triangle on the 30-minute close at 20.55.
Projected target 18.96 (-7.7%). The pattern is invalidated beyond 21.60 (+5.1%), a reward-to-risk of about 1.5 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bearish external, bearish internal (strong high 29.35). Nearest supply OB 20.99 - 21.10.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing below the pattern at 20.55.
- 2 The target, 18.96 (-7.7%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 21.60 (+5.1%), cancels the setup.
- 4 Reward : risk is 1.5 : 1: the distance to the target divided by the distance to invalidation.
- 5 Trend context: with the trend.
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.