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PSX · TECHNOLOGY & COMMUNICATION · 1 Hour

ZAL Bull Flag breakout

Zarea Limited · 10 Nov 2026 · 10:30 PKT

▲ Bullish Breakout Pattern breakout Against the trend

Closed at 33.48 on the breakout. Target 36.89, invalidation 32.26.

Trade plan

● Active
Close
33.48
▲ 0.69%
Target
36.89
+10.2%
Invalidation
32.26
-3.6%

RiskReward

Reward : risk
2.8 : 1
ATR
0.63
Price now
33.34 -0.4%

Outcome measured on the 1 hour bars after the signal: target or invalidation, whichever is touched first; a bar touching both counts as invalidated.

ZAL Bull Flag breakout on the 1 hour chart, 10 Nov 2026 · 10:30 PKT — PSX pattern signal by Smart Money
  • 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

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The breakdown

ZAL broke above its bull flag on the hourly close at 33.48.

Projected target 36.89 (+10.2%). The pattern is invalidated beyond 32.26 (-3.6%), a reward-to-risk of about 2.8 : 1.

Structure: bearish external, bearish internal (strong high 37.51). Nearest supply OB 37.82 - 38.50.

How to read this signal

  1. 1 The breakout was confirmed by the 1 hour candle closing above the pattern at 33.48.
  2. 2 The target, 36.89 (+10.2%), is the pattern's height projected from the breakout.
  3. 3 A move to the invalidation level, 32.26 (-3.6%), cancels the setup.
  4. 4 Reward : risk is 2.8 : 1: the distance to the target divided by the distance to invalidation.
  5. 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.
Bull flag signals and their record on PSX →

Analysis by

Smart Money

smartmoney.pk · @smartmoneypk

Technical analysis for education only — not investment advice. Patterns can fail; manage your own risk.

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