PSX · CHEMICAL · Daily
DAAG Bull Flag forming
Data Agro Limited · 22 Oct 2026
▲ Bullish Forming Chart pattern With the trend
Lines to watch
Awaiting breakout- Close
- 116.67
- ▲ 4.32%
- Upper line
- 126.55
- +8.5%
- Lower line
- 108.50
- -7.0%
- ATR
- 11.13
- 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 Daily candles · click to enlarge
The breakdown
DAAG is building a bull flag after a 64.49 rally (5.8x ATR) on the daily chart.
The flag channel runs between 108.50 and 126.55. A daily close above 128.78 signals continuation towards 191.04; a close below 108.50 fails the pattern.
Structure: bullish external, bullish internal (strong low 10.50). Nearest demand OB 9.67 - 9.70.
How to read this signal
- 1 Not triggered yet: the pattern is still forming on the daily chart.
- 2 A daily close above 126.55 (+8.5%) would be an upside breakout.
- 3 A daily close below 108.50 (-7.0%) 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.