PSX · GLASS & CERAMICS · 1 Hour
STCL Bull Flag breakout
Shabbir Tiles & Ceramics Limited · 10 Nov 2026 · 11:30 PKT
▲ Bullish Breakout Pattern breakout Against the trend
Closed at 9.00 on the breakout. Target 9.60, invalidation 8.48.
Trade plan
● Active- Close
- 9.00
- ▲ 3.69%
- Target
- 9.60
- +6.7%
- Invalidation
- 8.48
- -5.8%
RiskReward
- Reward : risk
- 1.2 : 1
- ATR
- 0.18
- Price now
- 9.29 +3.2%
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
STCL broke above its bull flag on the hourly close at 9.00.
Projected target 9.60 (+6.7%). The pattern is invalidated beyond 8.48 (-5.8%), a reward-to-risk of about 1.2 : 1.
Structure: bearish external, bullish internal (strong high 9.31). Nearest supply OB 9.61 - 9.79.
How to read this signal
- 1 The breakout was confirmed by the 1 hour candle closing above the pattern at 9.00.
- 2 The target, 9.60 (+6.7%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 8.48 (-5.8%), cancels the setup.
- 4 Reward : risk is 1.2 : 1: the distance to the target divided by the distance to invalidation.
- 5 Trend context: against 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.