PSX · TEXTILE COMPOSITE · 1 Hour
CRTM Bear Flag breakdown
The Crescent Textile Mills Limited · 30 Oct 2026 · 15:30 PKT
▼ Bearish Breakout Pattern breakout Against the trend
Closed at 60.10 on the breakout. Target 42.51, invalidation 65.00.
Trade plan
● Active- Close
- 60.10
- ▼ 1.48%
- Target
- 42.51
- -29.3%
- Invalidation
- 65.00
- +8.2%
RiskReward
- Reward : risk
- 3.6 : 1
- ATR
- 1.89
- Price now
- 60.10 0.0%
Outcome measured on the 1 hour 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 1 Hour candles · click to enlarge
The breakdown
CRTM broke below its bear flag on the hourly close at 60.10.
Projected target 42.51 (-29.3%). The pattern is invalidated beyond 65.00 (+8.2%), a reward-to-risk of about 3.6 : 1.
Structure: bullish external, bearish internal (strong low 39.45). Nearest demand OB 42.85 - 43.95, supply OB 78.50 - 79.99.
How to read this signal
- 1 The breakout was confirmed by the 1 hour candle closing below the pattern at 60.10.
- 2 The target, 42.51 (-29.3%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 65.00 (+8.2%), cancels the setup.
- 4 Reward : risk is 3.6 : 1: the distance to the target divided by the distance to invalidation.
- 5 Trend context: against the trend.
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.