PSX · INSURANCE · 30 Min
UVIC Bull Flag breakout
The Universal Insurance Company Limited · 11 Nov 2026 · 14:00 PKT
▲ Bullish Breakout Pattern breakout With the trend
Closed at 22.48 on the breakout. Target 24.70, invalidation 20.50.
Trade plan
- Close
- 22.48
- ▲ 9.66%
- Target
- 24.70
- +9.9%
- Invalidation
- 20.50
- -8.8%
RiskReward
- Reward : risk
- 1.1 : 1
- ATR
- 0.57
- 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
UVIC broke above its bull flag on the 30-minute close at 22.48.
Projected target 24.70 (+9.9%). The pattern is invalidated beyond 20.50 (-8.8%), a reward-to-risk of about 1.1 : 1.
Structure: bullish external, bullish internal (strong low 16.00). Nearest demand OB 20.50 - 20.63, supply OB 25.48 - 25.50.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing above the pattern at 22.48.
- 2 The target, 24.70 (+9.9%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 20.50 (-8.8%), cancels the setup.
- 4 Reward : risk is 1.1 : 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.