PSX · INV. BANKS / INV. COS. / SECURITIES COS. · 30 Min
MCBIM Bear Flag breakdown
MCB Investment Management Limited. · 22 Oct 2026 · 14:30 PKT
▼ Bearish Breakout Pattern breakout With the trend
Closed at 137.00 on the breakout. Target 128.22, invalidation 144.00.
Trade plan
✕ Invalidated- Close
- 137.00
- ▼ 4.86%
- Target
- 128.22
- -6.4%
- Invalidation
- 144.00
- +5.1%
RiskReward
- Reward : risk
- 1.3 : 1
- ATR
- 2.37
- Price now
- 137.00 0.0%
- Resolved
- 22 Oct · 15:00
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
MCBIM broke below its bear flag on the 30-minute close at 137.00.
Projected target 128.22 (-6.4%). The pattern is invalidated beyond 144.00 (+5.1%), a reward-to-risk of about 1.3 : 1.
Structure: bearish external, bullish internal (strong high 177.65). Nearest supply OB 164.50 - 165.00.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing below the pattern at 137.00.
- 2 The target, 128.22 (-6.4%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 144.00 (+5.1%), cancels the setup.
- 4 Reward : risk is 1.3 : 1: the distance to the target divided by the distance to invalidation.
- 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.