PSX · Indices · 1 Hour
ALLSHR Bull Flag forming
KSE ALL Shares Index · 06 Nov 2026 · 10:30 PKT
▲ Bullish Forming Chart pattern With the trend
Lines to watch
Awaiting breakout- Close
- 104,376.15
- ▲ 0.30%
- Upper line
- 104,872.20
- +0.5%
- Lower line
- 103,629.46
- -0.7%
- ATR
- 408.98
- 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
ALLSHR is building a bull flag after a 4,679.13 rally (11.4x ATR) on the hourly chart.
The flag channel runs between 103,629.46 and 104,872.20. A hourly close above 104,954.00 signals continuation towards 109,551.33; a close below 103,629.46 fails the pattern.
Structure: bullish external, bullish internal (strong low 98,017.34). Nearest demand OB 100,955.15 - 101,073.00, supply OB 106,473.69 - 106,476.07.
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 104,872.20 (+0.5%) would be an upside breakout.
- 3 A 1 hour close below 103,629.46 (-0.7%) 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.