PSX · CEMENT · 30 Min
POWER Bull Flag breakout
Power Cement Limited · 19 Oct 2026 · 13:00 PKT
▲ Bullish Breakout Pattern breakout With the trend
Closed at 21.95 on the breakout. Target 23.29, invalidation 21.70.
Trade plan
● Active- Close
- 21.95
- ▲ 0.55%
- Target
- 23.29
- +6.1%
- Invalidation
- 21.70
- -1.1%
RiskReward
- Reward : risk
- 5.4 : 1
- ATR
- 0.22
- Price now
- 21.95 0.0%
Outcome measured on the 30 min 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 30 Min candles · click to enlarge
The breakdown
POWER broke above its bull flag on the 30-minute close at 21.95.
Projected target 23.29 (+6.1%). The pattern is invalidated beyond 21.70 (-1.1%), a reward-to-risk of about 5.4 : 1.
Structure: bullish external, bullish internal (strong low 19.51). Nearest demand OB 20.83 - 20.86, supply OB 23.85 - 24.35.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing above the pattern at 21.95.
- 2 The target, 23.29 (+6.1%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 21.70 (-1.1%), cancels the setup.
- 4 Reward : risk is 5.4 : 1: the distance to the target divided by the distance to invalidation.
- 5 Trend context: with the trend.
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.