PSX · CEMENT · 30 Min
DBCI Ascending Triangle breakdown
Dadabhoy Cement Industries Limited · 23 Oct 2026 · 14:30 PKT
▼ Bearish Breakout Pattern breakout With the trend
Closed at 9.82 on the breakout. Target 9.31, invalidation 10.29.
Trade plan
● Active- Close
- 9.82
- ▼ 1.70%
- Target
- 9.31
- -5.2%
- Invalidation
- 10.29
- +4.8%
RiskReward
- Reward : risk
- 1.1 : 1
- ATR
- 0.16
- Price now
- 9.87 +0.5%
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
DBCI broke below its ascending triangle on the 30-minute close at 9.82.
Projected target 9.31 (-5.2%). The pattern is invalidated beyond 10.29 (+4.8%), a reward-to-risk of about 1.1 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bearish external, bearish internal (strong high 13.97). Nearest demand OB 7.11 - 7.12, supply OB 12.00 - 12.25.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing below the pattern at 9.82.
- 2 The target, 9.31 (-5.2%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 10.29 (+4.8%), cancels the setup.
- 4 Reward : risk is 1.1 : 1: the distance to the target divided by the distance to invalidation.
- 5 Trend context: with 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.