Skip to content

PSX · INSURANCE · 30 Min

CENI Bear Flag breakdown

Century Insurance Company Limited · 21 Oct 2026 · 13:00 PKT

▼ Bearish Breakout Pattern breakout With the trend

Closed at 30.67 on the breakout. Target 28.26, invalidation 31.19.

Trade plan

● Active
Close
30.67
▼ 0.10%
Target
28.26
-7.9%
Invalidation
31.19
+1.7%

RiskReward

Reward : risk
4.6 : 1
ATR
0.41
Price now
30.88 +0.7%

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

CENI Bear Flag breakdown on the 30 min chart, 21 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

Share X Facebook WhatsApp

The breakdown

CENI broke below its bear flag on the 30-minute close at 30.67.

Projected target 28.26 (-7.9%). The pattern is invalidated beyond 31.19 (+1.7%), a reward-to-risk of about 4.6 : 1.

Structure: bearish external, bearish internal (strong high 74.90). Nearest supply OB 37.00 - 37.79.

How to read this signal

  1. 1 The breakout was confirmed by the 30 min candle closing below the pattern at 30.67.
  2. 2 The target, 28.26 (-7.9%), is the pattern's height projected from the breakout.
  3. 3 A move to the invalidation level, 31.19 (+1.7%), cancels the setup.
  4. 4 Reward : risk is 4.6 : 1: the distance to the target divided by the distance to invalidation.
  5. 5 Trend context: with the trend.

Pattern guide

About the bear flag

A bear flag is a sharp fall (the pole) followed by a short, gently rising channel (the flag); a break below the flag usually resumes the fall.

Confirmation
A close below the flag's lower line.
Target
The length of the pole, projected down from the breakout.
Fails if
A close above the flag's upper line.
Bear flag 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.

← All pattern signals