PSX · TEXTILE COMPOSITE · 1 Hour
ADMM Bull Flag breakout
Artistic Denim Mills Limited · 21 Oct 2026 · 13:30 PKT
▲ Bullish Breakout Pattern breakout Against the trend
Closed at 51.62 on the breakout. Target 56.94, invalidation 50.02.
Trade plan
● Active- Close
- 51.62
- ▲ 2.22%
- Target
- 56.94
- +10.3%
- Invalidation
- 50.02
- -3.1%
RiskReward
- Reward : risk
- 3.3 : 1
- ATR
- 0.87
- Price now
- 51.00 -1.2%
Outcome measured on the 1 hour 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 1 Hour candles · click to enlarge
The breakdown
ADMM broke above its bull flag on the hourly close at 51.62.
Projected target 56.94 (+10.3%). The pattern is invalidated beyond 50.02 (-3.1%), a reward-to-risk of about 3.3 : 1.
Structure: bearish external, bullish internal (strong high 64.90). Nearest demand OB 45.50 - 46.60, supply OB 74.00 - 75.00.
How to read this signal
- 1 The breakout was confirmed by the 1 hour candle closing above the pattern at 51.62.
- 2 The target, 56.94 (+10.3%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 50.02 (-3.1%), cancels the setup.
- 4 Reward : risk is 3.3 : 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.