PSX · PAPER, BOARD & PACKAGING · 30 Min
PPP Bull Flag breakout
Pakistan Paper Products Limited · 12 Nov 2026 · 14:00 PKT
▲ Bullish Breakout Pattern breakout Against the trend
Closed at 122.00 on the breakout. Target 127.58, invalidation 120.00.
Trade plan
● Active- Close
- 122.00
- ▲ 1.50%
- Target
- 127.58
- +4.6%
- Invalidation
- 120.00
- -1.6%
RiskReward
- Reward : risk
- 2.8 : 1
- ATR
- 1.17
- Price now
- 120.26 -1.4%
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
PPP broke above its bull flag on the 30-minute close at 122.00.
Projected target 127.58 (+4.6%). The pattern is invalidated beyond 120.00 (-1.6%), a reward-to-risk of about 2.8 : 1.
Structure: bearish external, bullish internal (strong high 198.00). Nearest demand OB 112.90 - 113.50, supply OB 138.70 - 139.00.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing above the pattern at 122.00.
- 2 The target, 127.58 (+4.6%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 120.00 (-1.6%), cancels the setup.
- 4 Reward : risk is 2.8 : 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.