PSX · COMMERCIAL BANKS · 30 Min
JSBL Bull Flag forming
JS Bank Limited · 12 Nov 2026 · 15:00 PKT
▲ Bullish Forming Chart pattern Against the trend
Lines to watch
Awaiting breakout- Close
- 12.20
- ▲ 0.00%
- Upper line
- 12.19
- -0.1%
- Lower line
- 12.12
- -0.7%
- ATR
- 0.10
- 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
JSBL is building a bull flag after a 0.69 rally (6.7x ATR) on the 30-minute chart.
The flag channel runs between 12.12 and 12.19. A 30-minute close above 12.21 signals continuation towards 12.88; a close below 12.12 fails the pattern.
Structure: bearish external, bullish internal (strong high 13.09). Nearest demand OB 11.80 - 11.90, supply OB 13.47 - 13.50.
How to read this signal
- 1 Not triggered yet: the pattern is still forming on the 30 min chart.
- 2 A 30 min close above 12.19 (-0.1%) would be an upside breakout.
- 3 A 30 min close below 12.12 (-0.7%) would be a downside breakout.
- 4 Until one of the lines breaks, there is no target or invalidation level.
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.