PSX · TEXTILE SPINNING · 1 Hour
DSIL Bull Flag breakout
D.S. Industries Limited · 20 Oct 2026 · 12:30 PKT
▲ Bullish Breakout Pattern breakout With the trend
Closed at 23.85 on the breakout. Target 27.56, invalidation 22.70.
Trade plan
● Active- Close
- 23.85
- ▲ 3.74%
- Target
- 27.56
- +15.6%
- Invalidation
- 22.70
- -4.8%
RiskReward
- Reward : risk
- 3.2 : 1
- ATR
- 0.68
- Price now
- 23.74 -0.5%
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
DSIL broke above its bull flag on the hourly close at 23.85.
Projected target 27.56 (+15.6%). The pattern is invalidated beyond 22.70 (-4.8%), a reward-to-risk of about 3.2 : 1.
Structure: bullish external, bullish internal (strong low 15.07). Nearest demand OB 20.00 - 21.00.
How to read this signal
- 1 The breakout was confirmed by the 1 hour candle closing above the pattern at 23.85.
- 2 The target, 27.56 (+15.6%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 22.70 (-4.8%), cancels the setup.
- 4 Reward : risk is 3.2 : 1: the distance to the target divided by the distance to invalidation.
- 5 Trend context: with 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.