PSX · PAPER, BOARD & PACKAGING · 1 Hour
CEPB Symmetrical Triangle breakdown
Century Paper & Board Mills Limited · 29 Oct 2026 · 14:30 PKT
▼ Bearish Breakout Pattern breakout
Closed at 22.52 on the breakout. Target 23.47, invalidation 25.45.
Trade plan
✓ Target hit- Close
- 22.52
- ▼ 9.92%
- Target
- 23.47
- +4.2%
- Invalidation
- 25.45
- +13.0%
RiskReward
- Reward : risk
- 0.3 : 1
- ATR
- 0.49
- Price now
- 22.60 +0.4%
- Resolved
- 30 Oct · 08:30
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
CEPB broke below its symmetrical triangle on the hourly close at 22.52.
Projected target 23.47 (+4.2%). The pattern is invalidated beyond 25.45 (+13.0%), a reward-to-risk of about 0.3 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bearish external, bearish internal (strong high 27.20). Nearest supply OB 25.00 - 25.40.
How to read this signal
- 1 The breakout was confirmed by the 1 hour candle closing below the pattern at 22.52.
- 2 The target, 23.47 (+4.2%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 25.45 (+13.0%), cancels the setup.
- 4 Reward : risk is 0.3 : 1: the distance to the target divided by the distance to invalidation.
Pattern guide
About the symmetrical triangle
A symmetrical triangle is lower highs and higher lows converging: indecision that resolves with a breakout in either direction.
- Confirmation
- A candle close beyond the upper or lower line.
- Target
- The triangle's widest height, projected from the breakout.
- Fails if
- A close back inside the triangle soon after the break.