PSX · TECHNOLOGY & COMMUNICATION · Daily
GEMNETS Bear Flag breakdown
Nets International Communication Limited · 10 Nov 2026
▼ Bearish Breakout Pattern breakout With the trend
Closed at 20.01 on the breakout. Target 10.56, invalidation 26.40.
Trade plan
- Close
- 20.01
- ▼ 9.21%
- Target
- 10.56
- -47.2%
- Invalidation
- 26.40
- +31.9%
RiskReward
- Reward : risk
- 1.5 : 1
- ATR
- 2.14
- 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 Daily candles · click to enlarge
The breakdown
GEMNETS broke below its bear flag on the daily close at 20.01.
Projected target 10.56 (-47.2%). The pattern is invalidated beyond 26.40 (+31.9%), a reward-to-risk of about 1.5 : 1.
Structure: bearish external, bearish internal (strong high 41.80). Nearest demand OB 17.00 - 19.98, supply OB 47.90 - 48.00.
How to read this signal
- 1 The breakout was confirmed by the daily candle closing below the pattern at 20.01.
- 2 The target, 10.56 (-47.2%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 26.40 (+31.9%), cancels the setup.
- 4 Reward : risk is 1.5 : 1: the distance to the target divided by the distance to invalidation.
- 5 Trend context: with the trend.
Pattern guide
About the bear flag
A bear flag is a sharp fall (the pole) followed by a short, gently rising channel (the flag); a break below the flag usually resumes the fall.
- Confirmation
- A close below the flag's lower line.
- Target
- The length of the pole, projected down from the breakout.
- Fails if
- A close above the flag's upper line.