PSX · GLASS & CERAMICS · 1 Hour
KCL Descending Triangle breakdown
Karam Ceramics Limited · 04 Nov 2026 · 09:30 PKT
▼ Bearish Breakout Pattern breakout Against the trend
Closed at 145.01 on the breakout. Target 119.74, invalidation 176.79.
Trade plan
● Active- Close
- 145.01
- ▼ 6.17%
- Target
- 119.74
- -17.4%
- Invalidation
- 176.79
- +21.9%
RiskReward
- Reward : risk
- 0.8 : 1
- ATR
- 9.13
- Price now
- 146.16 +0.8%
Outcome measured on the 1 hour 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 1 Hour candles · click to enlarge
The breakdown
KCL broke below its descending triangle on the hourly close at 145.01.
Projected target 119.74 (-17.4%). The pattern is invalidated beyond 176.79 (+21.9%), a reward-to-risk of about 0.8 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bullish external, bearish internal (strong low 115.02). Nearest bullish FVG 136.01 - 144.00.
How to read this signal
- 1 The breakout was confirmed by the 1 hour candle closing below the pattern at 145.01.
- 2 The target, 119.74 (-17.4%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 176.79 (+21.9%), cancels the setup.
- 4 Reward : risk is 0.8 : 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).