PSX · INV. BANKS / INV. COS. / SECURITIES COS. · 30 Min
LSEVL Descending Triangle breakdown
LSE Ventures Limited · 02 Nov 2026 · 11:00 PKT
▼ Bearish Breakout Pattern breakout Against the trend
Closed at 11.60 on the breakout. Target 11.26, invalidation 12.19.
Trade plan
● Active- Close
- 11.60
- ▼ 3.25%
- Target
- 11.26
- -2.9%
- Invalidation
- 12.19
- +5.1%
RiskReward
- Reward : risk
- 0.6 : 1
- ATR
- 0.19
- Price now
- 11.93 +2.8%
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 11.60.
Projected target 11.26 (-2.9%). The pattern is invalidated beyond 12.19 (+5.1%), a reward-to-risk of about 0.6 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bullish external, bearish internal (strong low 11.50). Nearest demand OB 10.46 - 10.55, supply OB 11.85 - 12.19.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing below the pattern at 11.60.
- 2 The target, 11.26 (-2.9%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 12.19 (+5.1%), cancels the setup.
- 4 Reward : risk is 0.6 : 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).