PSX · INV. BANKS / INV. COS. / SECURITIES COS. · 30 Min
AHL Descending Triangle breakout
Arif Habib Limited · 02 Nov 2026 · 14:00 PKT
▲ Bullish Breakout Pattern breakout Against the trend
Closed at 105.00 on the breakout. Target 112.40, invalidation 102.01.
Trade plan
● Active- Close
- 105.00
- ▲ 0.48%
- Target
- 112.40
- +7.0%
- Invalidation
- 102.01
- -2.8%
RiskReward
- Reward : risk
- 2.5 : 1
- ATR
- 0.73
- Price now
- 104.51 -0.5%
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 above its descending triangle on the 30-minute close at 105.00.
Projected target 112.40 (+7.0%). The pattern is invalidated beyond 102.01 (-2.8%), a reward-to-risk of about 2.5 : 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 above the pattern at 105.00.
- 2 The target, 112.40 (+7.0%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 102.01 (-2.8%), cancels the setup.
- 4 Reward : risk is 2.5 : 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).