PSX · PROPERTY · 30 Min
TPLP Bear Flag forming
TPL Properties Limited · 12 Nov 2026 · 11:30 PKT
▼ Bearish Forming Chart pattern Against the trend
Lines to watch
Awaiting breakout- Close
- 13.10
- ▲ 0.00%
- Upper line
- 13.32
- +1.7%
- Lower line
- 13.06
- -0.3%
- ATR
- 0.19
- 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
TPLP is building a bear flag after a 0.99 drop (5.3x ATR) on the 30-minute chart.
The flag channel runs between 13.06 and 13.32. A 30-minute close below 13.02 signals continuation towards 12.07; a close above 13.32 fails the pattern.
Structure: bullish external, bearish internal (strong low 10.62). Nearest demand OB 11.90 - 12.10, supply OB 13.75 - 14.05.
How to read this signal
- 1 Not triggered yet: the pattern is still forming on the 30 min chart.
- 2 A 30 min close above 13.32 (+1.7%) would be an upside breakout.
- 3 A 30 min close below 13.06 (-0.3%) would be a downside breakout.
- 4 Until one of the lines breaks, there is no target or invalidation level.
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.