PSX · CABLE & ELECTRICAL GOODS · 30 Min
FCL Bull Flag breakout
Fast Cables Limited · 27 Oct 2026 · 15:00 PKT
▲ Bullish Breakout Pattern breakout With the trend
Closed at 24.15 on the breakout. Target 24.81, invalidation 23.80.
Trade plan
✕ Invalidated- Close
- 24.15
- ▲ 0.92%
- Target
- 24.81
- +2.7%
- Invalidation
- 23.80
- -1.4%
RiskReward
- Reward : risk
- 1.9 : 1
- ATR
- 0.17
- Price now
- 24.06 -0.4%
- Resolved
- 28 Oct · 09:30
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
FCL broke above its bull flag on the 30-minute close at 24.15.
Projected target 24.81 (+2.7%). The pattern is invalidated beyond 23.80 (-1.4%), a reward-to-risk of about 1.9 : 1.
Structure: bullish external, bullish internal (strong low 23.01). Nearest demand OB 23.87 - 24.05, supply OB 24.50 - 24.69.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing above the pattern at 24.15.
- 2 The target, 24.81 (+2.7%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 23.80 (-1.4%), cancels the setup.
- 4 Reward : risk is 1.9 : 1: the distance to the target divided by the distance to invalidation.
- 5 Trend context: with the trend.
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.