PSX · CHEMICAL · 30 Min
DAAG Bear Pennant breakdown
Data Agro Limited · 22 Oct 2026 · 09:30 PKT
▼ Bearish Breakout Pattern breakout Against the trend
Closed at 112.21 on the breakout. Target 94.11, invalidation 116.95.
Trade plan
● Active- Close
- 112.21
- ▼ 2.43%
- Target
- 94.11
- -16.1%
- Invalidation
- 116.95
- +4.2%
RiskReward
- Reward : risk
- 3.8 : 1
- ATR
- 3.03
- Price now
- 113.00 +0.7%
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
DAAG broke below its bear pennant on the 30-minute close at 112.21.
Projected target 94.11 (-16.1%). The pattern is invalidated beyond 116.95 (+4.2%), a reward-to-risk of about 3.8 : 1.
Structure: bullish external, bearish internal (strong low 76.00). Nearest demand OB 64.00 - 66.98, supply OB 114.00 - 116.50.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing below the pattern at 112.21.
- 2 The target, 94.11 (-16.1%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 116.95 (+4.2%), cancels the setup.
- 4 Reward : risk is 3.8 : 1: the distance to the target divided by the distance to invalidation.
- 5 Trend context: against the trend.
Pattern guide
About the bear pennant
A bear pennant is a sharp fall followed by a small symmetrical triangle; a break below it usually continues the fall.
- Confirmation
- A close below the pennant.
- Target
- The length of the pole, projected down from the breakout.
- Fails if
- A close above the pennant.