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PSX · FOOD & PERSONAL CARE PRODUCTS · 30 Min

UPFL Ascending Triangle breakdown

Unilever Pakistan Foods Limited · 19 Oct 2026 · 12:00 PKT

▼ Bearish Breakout Pattern breakout With the trend

Closed at 25,250.20 on the breakout. Target 22,856.60, invalidation 25,698.00.

Trade plan

● Active
Close
25,250.20
▼ 1.17%
Target
22,856.60
-9.5%
Invalidation
25,698.00
+1.8%

RiskReward

Reward : risk
5.3 : 1
ATR
142.86
Price now
25,250.20 0.0%

Outcome measured on the 30 min bars after the signal: target or invalidation, whichever is touched first; a bar touching both counts as invalidated.

UPFL Ascending Triangle breakdown on the 30 min chart, 19 Oct 2026 · 12:00 PKT — PSX pattern signal by Smart Money
  • 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

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The breakdown

UPFL broke below its ascending triangle on the 30-minute close at 25,250.20.

Projected target 22,856.60 (-9.5%). The pattern is invalidated beyond 25,698.00 (+1.8%), a reward-to-risk of about 5.3 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.

Structure: bearish external, bearish internal (strong high 27,000.00). Nearest bullish FVG 25,226.00 - 25,250.00.

How to read this signal

  1. 1 The breakout was confirmed by the 30 min candle closing below the pattern at 25,250.20.
  2. 2 The target, 22,856.60 (-9.5%), is the pattern's height projected from the breakout.
  3. 3 A move to the invalidation level, 25,698.00 (+1.8%), cancels the setup.
  4. 4 Reward : risk is 5.3 : 1: the distance to the target divided by the distance to invalidation.
  5. 5 Trend context: with the trend.

Pattern guide

About the ascending triangle

An ascending triangle is rising support meeting flat resistance; a close above resistance usually continues the rise, a close below support signals weakness.

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.
Ascending triangle signals and their record on PSX →

Analysis by

Smart Money

smartmoney.pk · @smartmoneypk

Technical analysis for education only — not investment advice. Patterns can fail; manage your own risk.

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