PSX · MODARABAS · 1 Hour
TRSM Rising Wedge breakdown
Trust Modaraba · 21 Oct 2026 · 11:30 PKT
▼ Bearish Breakout Pattern breakout With the trend
Closed at 14.05 on the breakout. Target 13.47, invalidation 14.94.
Trade plan
● Active- Close
- 14.05
- ▼ 1.47%
- Target
- 13.47
- -4.1%
- Invalidation
- 14.94
- +6.3%
RiskReward
- Reward : risk
- 0.7 : 1
- ATR
- 0.26
- Price now
- 14.00 -0.4%
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
TRSM broke below its rising wedge on the hourly close at 14.05.
Projected target 13.47 (-4.1%). The pattern is invalidated beyond 14.94 (+6.3%), a reward-to-risk of about 0.7 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bearish external, bearish internal (strong high 25.80). Nearest demand OB 8.75 - 8.89, supply OB 15.91 - 16.23.
How to read this signal
- 1 The breakout was confirmed by the 1 hour candle closing below the pattern at 14.05.
- 2 The target, 13.47 (-4.1%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 14.94 (+6.3%), cancels the setup.
- 4 Reward : risk is 0.7 : 1: the distance to the target divided by the distance to invalidation.
- 5 Trend context: with the trend.
Pattern guide
About the rising wedge
A rising wedge is two upward-sloping lines that converge; the buying loses momentum and a break below the lower line is usually bearish.
- Confirmation
- A close below the lower wedge line.
- Target
- The wedge's widest height, projected down from the breakout.
- Fails if
- A close back above the lower line or above the wedge's last high.