PSX · INSURANCE · 30 Min
ALAC Symmetrical Triangle breakdown
Askari Life Assurance Company Limited · 02 Nov 2026 · 14:30 PKT
▼ Bearish Breakout Pattern breakout
Closed at 20.25 on the breakout. Target 18.11, invalidation 21.35.
Trade plan
● Active- Close
- 20.25
- ▼ 2.64%
- Target
- 18.11
- -10.6%
- Invalidation
- 21.35
- +5.4%
RiskReward
- Reward : risk
- 1.9 : 1
- ATR
- 0.28
- Price now
- 21.20 +4.7%
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
ALAC broke below its symmetrical triangle on the 30-minute close at 20.25.
Projected target 18.11 (-10.6%). The pattern is invalidated beyond 21.35 (+5.4%), a reward-to-risk of about 1.9 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bearish external, bullish internal (strong high 25.70). Nearest demand OB 15.86 - 16.20, supply OB 22.50 - 22.98.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing below the pattern at 20.25.
- 2 The target, 18.11 (-10.6%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 21.35 (+5.4%), cancels the setup.
- 4 Reward : risk is 1.9 : 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.