PSX · PHARMACEUTICALS · 30 Min
LIVEN Bear Pennant breakdown
Liven Pharma Limited · 02 Nov 2026 · 14:00 PKT
▼ Bearish Breakout Pattern breakout With the trend
Closed at 29.00 on the breakout. Target 26.76, invalidation 29.65.
Trade plan
● Active- Close
- 29.00
- ▼ 2.19%
- Target
- 26.76
- -7.7%
- Invalidation
- 29.65
- +2.2%
RiskReward
- Reward : risk
- 3.4 : 1
- ATR
- 0.44
- Price now
- 29.11 +0.4%
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
LIVEN broke below its bear pennant on the 30-minute close at 29.00.
Projected target 26.76 (-7.7%). The pattern is invalidated beyond 29.65 (+2.2%), a reward-to-risk of about 3.4 : 1.
Structure: bearish external, bearish internal (strong high 33.75). Nearest supply OB 29.11 - 29.79.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing below the pattern at 29.00.
- 2 The target, 26.76 (-7.7%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 29.65 (+2.2%), cancels the setup.
- 4 Reward : risk is 3.4 : 1: the distance to the target divided by the distance to invalidation.
- 5 Trend context: with the trend.
Pattern guide
About the bear pennant
A bear pennant is a sharp fall followed by a small symmetrical triangle; a break below it usually continues the fall.
- Confirmation
- A close below the pennant.
- Target
- The length of the pole, projected down from the breakout.
- Fails if
- A close above the pennant.