PSX · CHEMICAL · 30 Min
EPCL Bull Flag breakout
Engro Polymer & Chemicals Limited · 10 Nov 2026 · 12:00 PKT
▲ Bullish Breakout Pattern breakout With the trend
Closed at 33.75 on the breakout. Target 35.33, invalidation 32.75.
Trade plan
✕ Invalidated- Close
- 33.75
- ▲ 2.71%
- Target
- 35.33
- +4.7%
- Invalidation
- 32.75
- -3.0%
RiskReward
- Reward : risk
- 1.6 : 1
- ATR
- 0.38
- Price now
- 32.51 -3.7%
- Resolved
- 10 Nov · 15:00
Outcome measured on the 30 min 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 30 Min candles · click to enlarge
The breakdown
EPCL broke above its bull flag on the 30-minute close at 33.75.
Projected target 35.33 (+4.7%). The pattern is invalidated beyond 32.75 (-3.0%), a reward-to-risk of about 1.6 : 1.
Structure: bullish external, bullish internal (strong low 30.20). Nearest demand OB 32.75 - 33.20, supply OB 34.41 - 34.80.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing above the pattern at 33.75.
- 2 The target, 35.33 (+4.7%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 32.75 (-3.0%), cancels the setup.
- 4 Reward : risk is 1.6 : 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.