PSX · INV. BANKS / INV. COS. / SECURITIES COS. · 30 Min
LSEVL Descending Triangle breakdown
LSE Ventures Limited · 02 Nov 2026 · 09:30 PKT
▼ Bearish Breakout Pattern breakout Against the trend
Closed at 11.70 on the breakout. Target 11.28, invalidation 12.19.
Trade plan
● Active- Close
- 11.70
- ▼ 1.02%
- Target
- 11.28
- -3.6%
- Invalidation
- 12.19
- +4.2%
RiskReward
- Reward : risk
- 0.9 : 1
- ATR
- 0.16
- Price now
- 11.93 +2.0%
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
LSEVL broke below its descending triangle on the 30-minute close at 11.70.
Projected target 11.28 (-3.6%). The pattern is invalidated beyond 12.19 (+4.2%), a reward-to-risk of about 0.9 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bullish external, bullish internal (strong low 11.50). Nearest demand OB 10.46 - 10.55.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing below the pattern at 11.70.
- 2 The target, 11.28 (-3.6%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 12.19 (+4.2%), cancels the setup.
- 4 Reward : risk is 0.9 : 1: the distance to the target divided by the distance to invalidation.
- 5 Trend context: against 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).