PSX · AUTOMOBILE ASSEMBLER · 30 Min
ATLH Bull Flag breakout
Atlas Honda Limited · 20 Oct 2026 · 15:00 PKT
▲ Bullish Breakout Pattern breakout Against the trend
Closed at 1,563.00 on the breakout. Target 1,595.89, invalidation 1,555.54.
Trade plan
✕ Invalidated- Close
- 1,563.00
- ▲ 0.44%
- Target
- 1,595.89
- +2.1%
- Invalidation
- 1,555.54
- -0.5%
RiskReward
- Reward : risk
- 4.4 : 1
- ATR
- 5.40
- Price now
- 1,564.99 +0.1%
- Resolved
- 21 Oct · 11:00
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
ATLH broke above its bull flag on the 30-minute close at 1,563.00.
Projected target 1,595.89 (+2.1%). The pattern is invalidated beyond 1,555.54 (-0.5%), a reward-to-risk of about 4.4 : 1.
Structure: bearish external, bullish internal (strong high 1,810.00). Nearest supply OB 1,789.88 - 1,810.00.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing above the pattern at 1,563.00.
- 2 The target, 1,595.89 (+2.1%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 1,555.54 (-0.5%), cancels the setup.
- 4 Reward : risk is 4.4 : 1: the distance to the target divided by the distance to invalidation.
- 5 Trend context: against the trend.
Pattern guide
About the bull flag
A bull flag is a sharp rise (the pole) followed by a short, gently falling channel (the flag); a break above the flag usually resumes the rise.
- Confirmation
- A close above the flag's upper line.
- Target
- The length of the pole, projected up from the breakout.
- Fails if
- A close below the flag's lower line.