PSX · POWER GENERATION & DISTRIBUTION · 30 Min
KOHP Bear Flag forming
Kohinoor Power Company Limited · 21 Oct 2026 · 14:00 PKT
▼ Bearish Forming Chart pattern Against the trend
Lines to watch
Awaiting breakout- Close
- 23.00
- ▼ 1.29%
- Upper line
- 24.15
- +5.0%
- Lower line
- 22.50
- -2.2%
- ATR
- 0.51
- 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
KOHP is building a bear flag after a 2.89 drop (5.6x ATR) on the 30-minute chart.
The flag channel runs between 22.50 and 24.15. A 30-minute close below 22.40 signals continuation towards 19.61; a close above 24.15 fails the pattern.
Structure: bullish external, bullish internal (strong low 17.80). Nearest demand OB 19.50 - 19.61, supply OB 29.42 - 29.74.
How to read this signal
- 1 Not triggered yet: the pattern is still forming on the 30 min chart.
- 2 A 30 min close above 24.15 (+5.0%) would be an upside breakout.
- 3 A 30 min close below 22.50 (-2.2%) would be a downside breakout.
- 4 Until one of the lines breaks, there is no target or invalidation level.
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.