PSX · AUTOMOBILE ASSEMBLER · 30 Min
ATLH Bull Flag forming
Atlas Honda Limited · 20 Oct 2026 · 14:30 PKT
▲ Bullish Forming Chart pattern Against the trend
Lines to watch
Awaiting breakout- Close
- 1,556.13
- ▲ 0.04%
- Upper line
- 1,560.00
- +0.2%
- Lower line
- 1,555.05
- -0.1%
- ATR
- 5.20
- 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
ATLH is building a bull flag after a 36.60 rally (7.0x ATR) on the 30-minute chart.
The flag channel runs between 1,555.05 and 1,560.00. A 30-minute close above 1,561.04 signals continuation towards 1,596.60; a close below 1,555.05 fails the pattern.
Structure: bearish external, bullish internal (strong high 1,810.00). Nearest supply OB 1,789.88 - 1,810.00.
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 1,560.00 (+0.2%) would be an upside breakout.
- 3 A 30 min close below 1,555.05 (-0.1%) 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.