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PSX · TECHNOLOGY & COMMUNICATION · 30 Min

HUMNL Bear Flag breakdown

Hum Network Limited · 21 Oct 2026 · 14:30 PKT

▼ Bearish Breakout Pattern breakout With the trend

Closed at 8.62 on the breakout. Target 7.91, invalidation 8.88.

Trade plan

● Active
Close
8.62
▼ 0.23%
Target
7.91
-8.2%
Invalidation
8.88
+3.0%

RiskReward

Reward : risk
2.7 : 1
ATR
0.10
Price now
8.55 -0.8%

Outcome measured on the 30 min bars after the signal: target or invalidation, whichever is touched first; a bar touching both counts as invalidated.

HUMNL Bear Flag breakdown on the 30 min chart, 21 Oct 2026 · 14:30 PKT — PSX pattern signal by Smart Money
  • 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

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The breakdown

HUMNL broke below its bear flag on the 30-minute close at 8.62.

Projected target 7.91 (-8.2%). The pattern is invalidated beyond 8.88 (+3.0%), a reward-to-risk of about 2.7 : 1.

Structure: bearish external, bearish internal (strong high 9.50). Nearest supply OB 9.38 - 9.43.

How to read this signal

  1. 1 The breakout was confirmed by the 30 min candle closing below the pattern at 8.62.
  2. 2 The target, 7.91 (-8.2%), is the pattern's height projected from the breakout.
  3. 3 A move to the invalidation level, 8.88 (+3.0%), cancels the setup.
  4. 4 Reward : risk is 2.7 : 1: the distance to the target divided by the distance to invalidation.
  5. 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.
Bear flag signals and their record on PSX →

Analysis by

Smart Money

smartmoney.pk · @smartmoneypk

Technical analysis for education only — not investment advice. Patterns can fail; manage your own risk.

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