PSX · CHEMICAL · 30 Min
DAAG Descending Triangle breakout
Data Agro Limited · 29 Oct 2026 · 13:00 PKT
▲ Bullish Breakout Pattern breakout With the trend
Closed at 114.70 on the breakout. Target 136.80, invalidation 109.00.
Trade plan
● Active- Close
- 114.70
- ▲ 1.15%
- Target
- 136.80
- +19.3%
- Invalidation
- 109.00
- -5.0%
RiskReward
- Reward : risk
- 3.9 : 1
- ATR
- 2.01
- Price now
- 118.99 +3.7%
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
DAAG broke above its descending triangle on the 30-minute close at 114.70.
Projected target 136.80 (+19.3%). The pattern is invalidated beyond 109.00 (-5.0%), a reward-to-risk of about 3.9 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bullish external, bullish internal (strong low 76.00). Nearest demand OB 64.00 - 66.98.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing above the pattern at 114.70.
- 2 The target, 136.80 (+19.3%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 109.00 (-5.0%), cancels the setup.
- 4 Reward : risk is 3.9 : 1: the distance to the target divided by the distance to invalidation.
- 5 Trend context: with the trend.
Pattern guide
About the descending triangle
A descending triangle is a falling upper trendline meeting flat support; a close below support usually continues the fall, a close above the trendline signals a reversal.
- 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 (a fake-out).