PSX · CEMENT · 1 Hour
MLCF Bull Flag breakout
Maple Leaf Cement Factory Limited · 10 Nov 2026 · 09:30 PKT
▲ Bullish Breakout Pattern breakout With the trend
Closed at 104.00 on the breakout. Target 114.23, invalidation 99.15.
Trade plan
● Active- Close
- 104.00
- ▲ 3.80%
- Target
- 114.23
- +9.8%
- Invalidation
- 99.15
- -4.7%
RiskReward
- Reward : risk
- 2.1 : 1
- ATR
- 1.45
- Price now
- 106.90 +2.8%
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
MLCF broke above its bull flag on the hourly close at 104.00.
Projected target 114.23 (+9.8%). The pattern is invalidated beyond 99.15 (-4.7%), a reward-to-risk of about 2.1 : 1.
Structure: bullish external, bullish internal (strong low 71.00). Nearest demand OB 94.72 - 95.50, supply OB 104.12 - 105.45.
How to read this signal
- 1 The breakout was confirmed by the 1 hour candle closing above the pattern at 104.00.
- 2 The target, 114.23 (+9.8%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 99.15 (-4.7%), cancels the setup.
- 4 Reward : risk is 2.1 : 1: the distance to the target divided by the distance to invalidation.
- 5 Trend context: with the trend.
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.