PSX · TECHNOLOGY & COMMUNICATION · 30 Min
TRG Falling Wedge breakout
TRG Pakistan Limited · 04 Nov 2026 · 10:00 PKT
▲ Bullish Breakout Pattern breakout With the trend
Closed at 52.25 on the breakout. Target 57.60, invalidation 51.20.
Trade plan
● Active- Close
- 52.25
- ▲ 0.29%
- Target
- 57.60
- +10.2%
- Invalidation
- 51.20
- -2.0%
RiskReward
- Reward : risk
- 5.1 : 1
- ATR
- 0.47
- Price now
- 52.20 -0.1%
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
TRG broke above its falling wedge on the 30-minute close at 52.25.
Projected target 57.60 (+10.2%). The pattern is invalidated beyond 51.20 (-2.0%), a reward-to-risk of about 5.1 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bullish external, bullish internal (strong low 48.17). Nearest demand OB 50.22 - 50.79, supply OB 56.55 - 57.60.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing above the pattern at 52.25.
- 2 The target, 57.60 (+10.2%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 51.20 (-2.0%), cancels the setup.
- 4 Reward : risk is 5.1 : 1: the distance to the target divided by the distance to invalidation.
- 5 Trend context: with the trend.
Pattern guide
About the falling wedge
A falling wedge is two downward-sloping lines that converge; the selling loses momentum and a break above the upper line is usually bullish.
- Confirmation
- A close above the upper wedge line.
- Target
- The wedge's widest height, projected up from the breakout.
- Fails if
- A close back below the upper line or below the wedge's last low.