PSX · REAL ESTATE INVESTMENT TRUST · 1 Hour
DCR Bull Pennant breakout
Dolmen City REIT · 22 Oct 2026 · 12:30 PKT
▲ Bullish Breakout Pattern breakout With the trend
Closed at 39.58 on the breakout. Target 44.09, invalidation 39.05.
Trade plan
✕ Invalidated- Close
- 39.58
- ▲ 0.66%
- Target
- 44.09
- +11.4%
- Invalidation
- 39.05
- -1.3%
RiskReward
- Reward : risk
- 8.5 : 1
- ATR
- 0.30
- Price now
- 39.30 -0.7%
- Resolved
- 22 Oct · 13:30
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
DCR broke above its bull pennant on the hourly close at 39.58.
Projected target 44.09 (+11.4%). The pattern is invalidated beyond 39.05 (-1.3%), a reward-to-risk of about 8.5 : 1.
Structure: bullish external, bearish internal (strong low 36.52). Nearest demand OB 32.51 - 32.75, supply OB 39.74 - 40.00.
How to read this signal
- 1 The breakout was confirmed by the 1 hour candle closing above the pattern at 39.58.
- 2 The target, 44.09 (+11.4%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 39.05 (-1.3%), cancels the setup.
- 4 Reward : risk is 8.5 : 1: the distance to the target divided by the distance to invalidation.
- 5 Trend context: with the trend.
Pattern guide
About the bull pennant
A bull pennant is a sharp rise followed by a small symmetrical triangle; a break above it usually continues the rise.
- Confirmation
- A close above the pennant.
- Target
- The length of the pole, projected up from the breakout.
- Fails if
- A close below the pennant.