PSX · Indices · 1 Hour
KSE30 Bull Flag forming
KSE30 Index · 19 Oct 2026 · 10:30 PKT
▲ Bullish Forming Chart pattern Against the trend
Lines to watch
Awaiting breakout- Close
- 49,388.31
- ▲ 0.08%
- Upper line
- 49,431.11
- +0.1%
- Lower line
- 49,160.02
- -0.5%
- ATR
- 130.30
- 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
KSE30 is building a bull flag after a 929.11 rally (7.1x ATR) on the hourly chart.
The flag channel runs between 49,160.02 and 49,431.11. A hourly close above 49,457.17 signals continuation towards 50,360.22; a close below 49,160.02 fails the pattern.
Structure: bearish external, bullish internal (strong high 54,455.55). Nearest demand OB 48,756.43 - 48,895.85, supply OB 50,068.81 - 50,213.02.
How to read this signal
- 1 Not triggered yet: the pattern is still forming on the 1 hour chart.
- 2 A 1 hour close above 49,431.11 (+0.1%) would be an upside breakout.
- 3 A 1 hour close below 49,160.02 (-0.5%) 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.