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PSX · TEXTILE COMPOSITE · 30 Min

ARUJ Ascending Triangle breakout

Aruj Industries Limited · 19 Oct 2026 · 13:00 PKT

▲ Bullish Breakout Pattern breakout With the trend

Closed at 10.19 on the breakout. Target 10.73, invalidation 9.04.

Trade plan

● Active
Close
10.19
▲ 8.06%
Target
10.73
+5.3%
Invalidation
9.04
-11.3%

RiskReward

Reward : risk
0.5 : 1
ATR
0.27
Price now
9.31 -8.6%

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

ARUJ Ascending Triangle breakout on the 30 min chart, 19 Oct 2026 · 13:00 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

ARUJ broke above its ascending triangle on the 30-minute close at 10.19.

Projected target 10.73 (+5.3%). The pattern is invalidated beyond 9.04 (-11.3%), a reward-to-risk of about 0.5 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.

Structure: bullish external, bullish internal (strong low 7.25). Nearest demand OB 8.00 - 8.47, supply OB 12.90 - 13.00.

How to read this signal

  1. 1 The breakout was confirmed by the 30 min candle closing above the pattern at 10.19.
  2. 2 The target, 10.73 (+5.3%), is the pattern's height projected from the breakout.
  3. 3 A move to the invalidation level, 9.04 (-11.3%), cancels the setup.
  4. 4 Reward : risk is 0.5 : 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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