PSX · INSURANCE · 30 Min
JLICL Bear Flag forming
Jubilee Life Insurance Company Limited · 27 Oct 2026 · 13:30 PKT
▼ Bearish Forming Chart pattern With the trend
Lines to watch
Awaiting breakout- Close
- 98.30
- ▼ 1.01%
- Upper line
- 99.51
- +1.2%
- Lower line
- 98.19
- -0.1%
- ATR
- 0.53
- 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
JLICL is building a bear flag after a 3.20 drop (6.0x ATR) on the 30-minute chart.
The flag channel runs between 98.19 and 99.51. A 30-minute close below 98.08 signals continuation towards 94.99; a close above 99.51 fails the pattern.
Structure: bearish external, bearish internal (strong high 146.66). Nearest supply OB 103.50 - 103.80.
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 99.51 (+1.2%) would be an upside breakout.
- 3 A 30 min close below 98.19 (-0.1%) 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.