PSX · TECHNOLOGY & COMMUNICATION · 30 Min
MDTL Bull Flag forming
Media Times Limited · 06 Nov 2026 · 15:00 PKT
▲ Bullish Forming Chart pattern Against the trend
Lines to watch
Awaiting breakout- Close
- 8.16
- ▲ 2.77%
- Upper line
- 8.28
- +1.5%
- Lower line
- 7.86
- -3.7%
- ATR
- 0.16
- 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
MDTL is building a bull flag after a 1.39 rally (8.4x ATR) on the 30-minute chart.
The flag channel runs between 7.86 and 8.28. A 30-minute close above 8.31 signals continuation towards 9.67; a close below 7.86 fails the pattern.
Structure: bearish external, bullish internal (strong high 9.87). Nearest demand OB 7.02 - 7.09.
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 8.28 (+1.5%) would be an upside breakout.
- 3 A 30 min close below 7.86 (-3.7%) 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.