PSX · INV. BANKS / INV. COS. / SECURITIES COS. · 30 Min
AHL Symmetrical Triangle breakdown
Arif Habib Limited · 02 Nov 2026 · 09:30 PKT
▼ Bearish Breakout Pattern breakout
Closed at 103.00 on the breakout. Target 98.09, invalidation 106.00.
Trade plan
● Active- Close
- 103.00
- ▼ 1.15%
- Target
- 98.09
- -4.8%
- Invalidation
- 106.00
- +2.9%
RiskReward
- Reward : risk
- 1.6 : 1
- ATR
- 0.97
- Price now
- 104.28 +1.2%
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
AHL broke below its symmetrical triangle on the 30-minute close at 103.00.
Projected target 98.09 (-4.8%). The pattern is invalidated beyond 106.00 (+2.9%), a reward-to-risk of about 1.6 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bearish external, bearish internal (strong high 118.99). Nearest demand OB 96.00 - 98.00, supply OB 113.40 - 113.99.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing below the pattern at 103.00.
- 2 The target, 98.09 (-4.8%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 106.00 (+2.9%), cancels the setup.
- 4 Reward : risk is 1.6 : 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.