PSX · TEXTILE COMPOSITE · Daily
CRTM Bear Flag breakdown
The Crescent Textile Mills Limited · 13 Nov 2026
▼ Bearish Breakout Pattern breakout Against the trend
Closed at 61.68 on the breakout. Target 43.18, invalidation 66.00.
Trade plan
- Close
- 61.68
- ▼ 1.94%
- Target
- 43.18
- -30.0%
- Invalidation
- 66.00
- +7.0%
RiskReward
- Reward : risk
- 4.3 : 1
- ATR
- 3.29
- 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 Daily candles · click to enlarge
The breakdown
CRTM broke below its bear flag on the daily close at 61.68.
Projected target 43.18 (-30.0%). The pattern is invalidated beyond 66.00 (+7.0%), a reward-to-risk of about 4.3 : 1.
Structure: bullish external, bullish internal (strong low 16.60). Nearest demand OB 56.00 - 57.99, supply OB 80.30 - 84.48.
How to read this signal
- 1 The breakout was confirmed by the daily candle closing below the pattern at 61.68.
- 2 The target, 43.18 (-30.0%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 66.00 (+7.0%), cancels the setup.
- 4 Reward : risk is 4.3 : 1: the distance to the target divided by the distance to invalidation.
- 5 Trend context: against the trend.
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.