PSX · SUGAR & ALLIED INDUSTRIES · 1 Hour
HABSM Bull Flag breakout
Habib Sugar Mills Limited · 04 Nov 2026 · 11:30 PKT
▲ Bullish Breakout Pattern breakout With the trend
Closed at 83.00 on the breakout. Target 91.55, invalidation 80.35.
Trade plan
● Active- Close
- 83.00
- ▲ 2.17%
- Target
- 91.55
- +10.3%
- Invalidation
- 80.35
- -3.2%
RiskReward
- Reward : risk
- 3.2 : 1
- ATR
- 0.93
- Price now
- 80.52 -3.0%
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
HABSM broke above its bull flag on the hourly close at 83.00.
Projected target 91.55 (+10.3%). The pattern is invalidated beyond 80.35 (-3.2%), a reward-to-risk of about 3.2 : 1.
Structure: bullish external, bullish internal (strong low 70.00). Nearest demand OB 80.00 - 80.55, supply OB 91.00 - 92.90.
How to read this signal
- 1 The breakout was confirmed by the 1 hour candle closing above the pattern at 83.00.
- 2 The target, 91.55 (+10.3%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 80.35 (-3.2%), 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.