PSX · INSURANCE · 1 Hour
ALAC Bull Flag breakout
Askari Life Assurance Company Limited · 11 Nov 2026 · 09:30 PKT
▲ Bullish Breakout Pattern breakout With the trend
Closed at 21.48 on the breakout. Target 22.98, invalidation 21.00.
Trade plan
✕ Invalidated- Close
- 21.48
- ▼ 0.09%
- Target
- 22.98
- +7.0%
- Invalidation
- 21.00
- -2.2%
RiskReward
- Reward : risk
- 3.1 : 1
- ATR
- 0.26
- Price now
- 20.81 -3.1%
- Resolved
- 11 Nov · 12:30
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
ALAC broke above its bull flag on the hourly close at 21.48.
Projected target 22.98 (+7.0%). The pattern is invalidated beyond 21.00 (-2.2%), a reward-to-risk of about 3.1 : 1.
Structure: bullish external, bullish internal (strong low 15.01). Nearest demand OB 20.95 - 20.96, supply OB 22.35 - 22.98.
How to read this signal
- 1 The breakout was confirmed by the 1 hour candle closing above the pattern at 21.48.
- 2 The target, 22.98 (+7.0%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 21.00 (-2.2%), cancels the setup.
- 4 Reward : risk is 3.1 : 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.