PSX · CEMENT · Daily
DNCC Symmetrical Triangle breakout
Dandot Cement Company Limited · 19 Oct 2026
▲ Bullish Breakout Pattern breakout
Closed at 21.20 on the breakout. Target 23.73, invalidation 17.25.
Trade plan
- Close
- 21.20
- ▲ 10.02%
- Target
- 23.73
- +11.9%
- Invalidation
- 17.25
- -18.6%
RiskReward
- Reward : risk
- 0.6 : 1
- ATR
- 1.28
- 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 Daily candles · click to enlarge
The breakdown
DNCC broke above its symmetrical triangle on the daily close at 21.20.
Projected target 23.73 (+11.9%). The pattern is invalidated beyond 17.25 (-18.6%), a reward-to-risk of about 0.6 : 1. A close back inside the pattern within 12 candles is treated as a fake-out.
Structure: bullish external, bullish internal (strong low 11.50). Nearest demand OB 11.50 - 13.00.
How to read this signal
- 1 The breakout was confirmed by the daily candle closing above the pattern at 21.20.
- 2 The target, 23.73 (+11.9%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 17.25 (-18.6%), cancels the setup.
- 4 Reward : risk is 0.6 : 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.