PSX · CEMENT · 30 Min
SMCPL Bear Flag breakdown
Safe Mix Concrete Limited · 20 Oct 2026 · 14:00 PKT
▼ Bearish Breakout Pattern breakout With the trend
Closed at 36.51 on the breakout. Target 33.67, invalidation 37.60.
Trade plan
● Active- Close
- 36.51
- ▼ 1.06%
- Target
- 33.67
- -7.8%
- Invalidation
- 37.60
- +3.0%
RiskReward
- Reward : risk
- 2.6 : 1
- ATR
- 0.34
- Price now
- 36.51 0.0%
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
SMCPL broke below its bear flag on the 30-minute close at 36.51.
Projected target 33.67 (-7.8%). The pattern is invalidated beyond 37.60 (+3.0%), a reward-to-risk of about 2.6 : 1.
Structure: bearish external, bearish internal (strong high 49.88). Nearest demand OB 34.72 - 35.98, supply OB 39.55 - 40.89.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing below the pattern at 36.51.
- 2 The target, 33.67 (-7.8%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 37.60 (+3.0%), cancels the setup.
- 4 Reward : risk is 2.6 : 1: the distance to the target divided by the distance to invalidation.
- 5 Trend context: with 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.