PSX · PAPER, BOARD & PACKAGING · 1 Hour
IPAK Bull Flag breakout
International Packaging Films Limited · 13 Nov 2026 · 15:30 PKT
▲ Bullish Breakout Pattern breakout Against the trend
Closed at 30.86 on the breakout. Target 31.60, invalidation 28.75.
Trade plan
● Active- Close
- 30.86
- ▲ 4.65%
- Target
- 31.60
- +2.4%
- Invalidation
- 28.75
- -6.8%
RiskReward
- Reward : risk
- 0.4 : 1
- ATR
- 0.41
- Price now
- 30.86 0.0%
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
IPAK broke above its bull flag on the hourly close at 30.86.
Projected target 31.60 (+2.4%). The pattern is invalidated beyond 28.75 (-6.8%), a reward-to-risk of about 0.4 : 1.
Structure: bearish external, bullish internal (strong high 44.29). Nearest demand OB 28.75 - 29.35, supply OB 31.10 - 31.70.
How to read this signal
- 1 The breakout was confirmed by the 1 hour candle closing above the pattern at 30.86.
- 2 The target, 31.60 (+2.4%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 28.75 (-6.8%), cancels the setup.
- 4 Reward : risk is 0.4 : 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.