PSX · TEXTILE COMPOSITE · 30 Min
ADMM Symmetrical Triangle forming
Artistic Denim Mills Limited · 02 Nov 2026 · 09:30 PKT
◆ Neutral Forming Chart pattern
Lines to watch
Awaiting breakout- Close
- 50.00
- ▲ 0.10%
- Upper line
- 51.32
- +2.6%
- Lower line
- 49.92
- -0.2%
- ATR
- 0.59
- 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
ADMM is compressing inside a symmetrical triangle on the 30-minute chart - 5 swing points, 10.0x ATR wide at the start.
Upper line 51.32, lower line 49.92. The pattern has no built-in bias: a 30-minute close above 51.44 confirms an upside breakout, a close below 49.80 a downside break.
Structure: bearish external, bearish internal (strong high 64.90). Nearest supply OB 58.01 - 59.47.
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 51.32 (+2.6%) would be an upside breakout.
- 3 A 30 min close below 49.92 (-0.2%) would be a downside breakout.
- 4 Until one of the lines breaks, there is no target or invalidation level.
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.