PSX · INV. BANKS / INV. COS. / SECURITIES COS. · 30 Min
OLPL Bear Pennant breakdown
OLP Financial Services Pakistan Limited · 12 Nov 2026 · 10:00 PKT
▼ Bearish Breakout Pattern breakout Against the trend
Closed at 45.57 on the breakout. Target 42.66, invalidation 46.04.
Trade plan
- Close
- 45.57
- ▼ 0.94%
- Target
- 42.66
- -6.4%
- Invalidation
- 46.04
- +1.0%
RiskReward
- Reward : risk
- 6.2 : 1
- ATR
- 0.25
- 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
OLPL broke below its bear pennant on the 30-minute close at 45.57.
Projected target 42.66 (-6.4%). The pattern is invalidated beyond 46.04 (+1.0%), a reward-to-risk of about 6.2 : 1.
Structure: bullish external, bullish internal (strong low 44.04). Nearest bearish FVG 45.62 - 45.85.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing below the pattern at 45.57.
- 2 The target, 42.66 (-6.4%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 46.04 (+1.0%), cancels the setup.
- 4 Reward : risk is 6.2 : 1: the distance to the target divided by the distance to invalidation.
- 5 Trend context: against the trend.
Pattern guide
About the bear pennant
A bear pennant is a sharp fall followed by a small symmetrical triangle; a break below it usually continues the fall.
- Confirmation
- A close below the pennant.
- Target
- The length of the pole, projected down from the breakout.
- Fails if
- A close above the pennant.