PSX · Indices · 1 Hour
KMI30 Bull Flag forming
KMI30 Index · 06 Nov 2026 · 10:30 PKT
▲ Bullish Forming Chart pattern With the trend
Lines to watch
Awaiting breakout- Close
- 249,572.55
- ▲ 0.42%
- Upper line
- 251,336.27
- +0.7%
- Lower line
- 247,075.03
- -1.0%
- ATR
- 1,274.49
- 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
KMI30 is building a bull flag after a 13,382.81 rally (10.5x ATR) on the hourly chart.
The flag channel runs between 247,075.03 and 251,336.27. A hourly close above 251,591.17 signals continuation towards 264,719.08; a close below 247,075.03 fails the pattern.
Structure: bullish external, bullish internal (strong low 102,108.24). Nearest demand OB 239,526.39 - 240,771.41.
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 251,336.27 (+0.7%) would be an upside breakout.
- 3 A 1 hour close below 247,075.03 (-1.0%) 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.