PSX · MISCELLANEOUS · 30 Min
ECOP Bull Flag forming
Ecopack Limited · 05 Nov 2026 · 11:30 PKT
▲ Bullish Forming Chart pattern Against the trend
Lines to watch
Awaiting breakout- Close
- 41.40
- ▲ 1.30%
- Upper line
- 41.55
- +0.4%
- Lower line
- 40.59
- -2.0%
- 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
ECOP is building a bull flag after a 3.15 rally (5.9x ATR) on the 30-minute chart.
The flag channel runs between 40.59 and 41.55. A 30-minute close above 41.66 signals continuation towards 44.70; a close below 40.59 fails the pattern.
Structure: bearish external, bullish internal (strong high 43.87). Nearest demand OB 37.13 - 38.00, supply OB 43.40 - 43.55.
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 41.55 (+0.4%) would be an upside breakout.
- 3 A 30 min close below 40.59 (-2.0%) 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.