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PSX · ENGINEERING · 1 Hour

KSBP Symmetrical Triangle breakdown

KSB Pumps Company Limited · 19 Oct 2026 · 13:30 PKT

▼ Bearish Breakout Pattern breakout

Closed at 214.00 on the breakout. Target 193.54, invalidation 224.90.

Trade plan

● Active
Close
214.00
▼ 1.75%
Target
193.54
-9.6%
Invalidation
224.90
+5.1%

RiskReward

Reward : risk
1.9 : 1
ATR
3.45
Price now
207.51 -3.0%

Outcome measured on the 1 hour bars after the signal: target or invalidation, whichever is touched first; a bar touching both counts as invalidated.

KSBP Symmetrical Triangle breakdown on the 1 hour chart, 19 Oct 2026 · 13:30 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 1 Hour candles · click to enlarge

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The breakdown

KSBP broke below its symmetrical triangle on the hourly close at 214.00.

Projected target 193.54 (-9.6%). The pattern is invalidated beyond 224.90 (+5.1%), 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: bullish external, bullish internal (strong low 199.22). Nearest demand OB 205.00 - 205.01, supply OB 245.00 - 249.90.

How to read this signal

  1. 1 The breakout was confirmed by the 1 hour candle closing below the pattern at 214.00.
  2. 2 The target, 193.54 (-9.6%), is the pattern's height projected from the breakout.
  3. 3 A move to the invalidation level, 224.90 (+5.1%), cancels the setup.
  4. 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.
Symmetrical 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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