PSX · TEXTILE COMPOSITE · 1 Hour
ARUJ Descending Triangle breakout
Aruj Industries Limited · 21 Oct 2026 · 12:30 PKT
▲ Bullish Breakout Pattern breakout With the trend
Closed at 9.60 on the breakout. Target 11.20, invalidation 9.00.
Trade plan
● Active- Close
- 9.60
- ▲ 2.35%
- Target
- 11.20
- +16.7%
- Invalidation
- 9.00
- -6.3%
RiskReward
- Reward : risk
- 2.7 : 1
- ATR
- 0.35
- Price now
- 9.69 +0.9%
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
ARUJ broke above its descending triangle on the hourly close at 9.60.
Projected target 11.20 (+16.7%). The pattern is invalidated beyond 9.00 (-6.2%), a reward-to-risk of about 2.7 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bullish external, bullish internal (strong low 7.25). Nearest demand OB 8.00 - 8.47.
How to read this signal
- 1 The breakout was confirmed by the 1 hour candle closing above the pattern at 9.60.
- 2 The target, 11.20 (+16.7%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 9.00 (-6.3%), cancels the setup.
- 4 Reward : risk is 2.7 : 1: the distance to the target divided by the distance to invalidation.
- 5 Trend context: with 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).