PSX · TECHNOLOGY & COMMUNICATION · 30 Min
OCTOPUS Falling Wedge breakout
Octopus Digital Limited · 22 Oct 2026 · 10:00 PKT
▲ Bullish Breakout Pattern breakout Against the trend
Closed at 26.53 on the breakout. Target 27.34, invalidation 26.36.
Trade plan
● Active- Close
- 26.53
- ▲ 0.11%
- Target
- 27.34
- +3.1%
- Invalidation
- 26.36
- -0.6%
RiskReward
- Reward : risk
- 4.8 : 1
- ATR
- 0.19
- Price now
- 26.54 +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
OCTOPUS broke above its falling wedge on the 30-minute close at 26.53.
Projected target 27.34 (+3.1%). The pattern is invalidated beyond 26.36 (-0.6%), a reward-to-risk of about 4.8 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bearish external, bearish internal (strong high 28.50). Nearest supply OB 33.20 - 33.50.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing above the pattern at 26.53.
- 2 The target, 27.34 (+3.1%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 26.36 (-0.6%), cancels the setup.
- 4 Reward : risk is 4.8 : 1: the distance to the target divided by the distance to invalidation.
- 5 Trend context: against the trend.
Pattern guide
About the falling wedge
A falling wedge is two downward-sloping lines that converge; the selling loses momentum and a break above the upper line is usually bullish.
- Confirmation
- A close above the upper wedge line.
- Target
- The wedge's widest height, projected up from the breakout.
- Fails if
- A close back below the upper line or below the wedge's last low.