PSX · TECHNOLOGY & COMMUNICATION · 30 Min
TPL Bull Flag forming
TPL Corp Limited · 21 Oct 2026 · 13:30 PKT
▲ Bullish Forming Chart pattern Against the trend
Lines to watch
Awaiting breakout- Close
- 22.21
- ▼ 0.80%
- Upper line
- 22.46
- +1.1%
- Lower line
- 22.15
- -0.3%
- ATR
- 0.27
- 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
TPL is building a bull flag after a 3.19 rally (12.0x ATR) on the 30-minute chart.
The flag channel runs between 22.15 and 22.46. A 30-minute close above 22.51 signals continuation towards 25.65; a close below 22.15 fails the pattern.
Structure: bearish external, bullish internal (strong high 24.80). Nearest demand OB 21.55 - 21.70, supply OB 24.48 - 24.80.
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 22.46 (+1.1%) would be an upside breakout.
- 3 A 30 min close below 22.15 (-0.3%) would be a downside breakout.
- 4 Until one of the lines breaks, there is no target or invalidation level.
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.