PSX · COMMERCIAL BANKS · 30 Min
BAHL Ascending Triangle breakdown
Bank AL Habib Limited · 21 Oct 2026 · 14:00 PKT
▼ Bearish Breakout Pattern breakout Against the trend
Closed at 149.00 on the breakout. Target 146.07, invalidation 151.90.
Trade plan
● Active- Close
- 149.00
- ▼ 0.61%
- Target
- 146.07
- -2.0%
- Invalidation
- 151.90
- +1.9%
RiskReward
- Reward : risk
- 1.0 : 1
- ATR
- 0.80
- Price now
- 148.10 -0.6%
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
BAHL broke below its ascending triangle on the 30-minute close at 149.00.
Projected target 146.07 (-2.0%). The pattern is invalidated beyond 151.90 (+1.9%), a reward-to-risk of about 1.0 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bullish external, bearish internal (strong low 146.82). Nearest demand OB 147.00 - 148.90, supply OB 156.92 - 157.00.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing below the pattern at 149.00.
- 2 The target, 146.07 (-2.0%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 151.90 (+1.9%), cancels the setup.
- 4 Reward : risk is 1.0 : 1: the distance to the target divided by the distance to invalidation.
- 5 Trend context: against 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.