PSX · INV. BANKS / INV. COS. / SECURITIES COS. · 30 Min
AMBL Ascending Triangle forming
Apna Microfinance Bank Limited · 23 Oct 2026 · 16:00 PKT
▲ Bullish Forming Chart pattern Against the trend
Lines to watch
Awaiting breakout- Close
- 19.73
- ▼ 0.10%
- Upper line
- 19.74
- +0.1%
- Lower line
- 19.06
- -3.4%
- ATR
- 0.22
- 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
AMBL is compressing inside an ascending triangle on the 30-minute chart - 5 swing points, 6.6x ATR wide at the start.
Upper line 19.74, lower line 19.06. The pattern favours an upside resolution: a 30-minute close above 19.78 confirms an upside breakout, a close below 19.02 a downside break.
Structure: bearish external, bearish internal (strong high 41.00). Nearest demand OB 9.24 - 9.25, supply OB 25.48 - 26.09.
How to read this signal
- 1 Not triggered yet: the pattern is still forming on the 30 min chart.
- 2 A 30 min close above 19.74 (+0.1%) would be an upside breakout.
- 3 A 30 min close below 19.06 (-3.4%) would be a downside breakout.
- 4 Until one of the lines breaks, there is no target or invalidation level.
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.