PSX · ENGINEERING · 30 Min
KSBP Bear Flag forming
KSB Pumps Company Limited · 22 Oct 2026 · 10:00 PKT
▼ Bearish Forming Chart pattern Against the trend
Lines to watch
Awaiting breakout- Close
- 208.00
- ▲ 0.00%
- Upper line
- 210.00
- +1.0%
- Lower line
- 207.67
- -0.2%
- ATR
- 3.05
- 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
KSBP is building a bear flag after a 18.61 drop (6.1x ATR) on the 30-minute chart.
The flag channel runs between 207.67 and 210.00. A 30-minute close below 207.06 signals continuation towards 189.06; a close above 210.00 fails the pattern.
Structure: bullish external, bearish internal (strong low 199.22). Nearest demand OB 200.00 - 201.01, supply OB 245.00 - 249.90.
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 210.00 (+1.0%) would be an upside breakout.
- 3 A 30 min close below 207.67 (-0.2%) would be a downside breakout.
- 4 Until one of the lines breaks, there is no target or invalidation level.
Pattern guide
About the bear flag
A bear flag is a sharp fall (the pole) followed by a short, gently rising channel (the flag); a break below the flag usually resumes the fall.
- Confirmation
- A close below the flag's lower line.
- Target
- The length of the pole, projected down from the breakout.
- Fails if
- A close above the flag's upper line.