PSX · POWER GENERATION & DISTRIBUTION · 30 Min
TSPL Bull Flag forming
Tri-Star Power Limited · 22 Oct 2026 · 14:00 PKT
▲ Bullish Forming Chart pattern Against the trend
Lines to watch
Awaiting breakout- Close
- 15.50
- ▲ 0.65%
- Upper line
- 15.98
- +3.1%
- Lower line
- 15.32
- -1.2%
- 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
TSPL is building a bull flag after a 2.98 rally (10.9x ATR) on the 30-minute chart.
The flag channel runs between 15.32 and 15.98. A 30-minute close above 16.03 signals continuation towards 18.96; a close below 15.32 fails the pattern.
Structure: bearish external, bullish internal (strong high 20.50). Nearest demand OB 13.10 - 13.30.
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 15.98 (+3.1%) would be an upside breakout.
- 3 A 30 min close below 15.32 (-1.2%) 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.