PSX · COMMERCIAL BANKS · 30 Min
JSBL Bull Flag breakout
JS Bank Limited · 13 Nov 2026 · 09:00 PKT
▲ Bullish Breakout Pattern breakout Against the trend
Closed at 12.46 on the breakout. Target 12.86, invalidation 12.16.
Trade plan
● Active- Close
- 12.46
- ▲ 2.13%
- Target
- 12.86
- +3.2%
- Invalidation
- 12.16
- -2.4%
RiskReward
- Reward : risk
- 1.3 : 1
- ATR
- 0.12
- Price now
- 12.48 +0.2%
Outcome measured on the 30 min 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 30 Min candles · click to enlarge
The breakdown
JSBL broke above its bull flag on the 30-minute close at 12.46.
Projected target 12.86 (+3.2%). The pattern is invalidated beyond 12.16 (-2.4%), a reward-to-risk of about 1.3 : 1.
Structure: bearish external, bullish internal (strong high 13.09). Nearest demand OB 12.16 - 12.29, supply OB 13.47 - 13.50.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing above the pattern at 12.46.
- 2 The target, 12.86 (+3.2%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 12.16 (-2.4%), cancels the setup.
- 4 Reward : risk is 1.3 : 1: the distance to the target divided by the distance to invalidation.
- 5 Trend context: against 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.