PSX · TEXTILE COMPOSITE · 30 Min
STML Bear Flag breakdown
Shams Textile Mills Limited · 27 Oct 2026 · 12:30 PKT
▼ Bearish Breakout Pattern breakout With the trend
Closed at 43.10 on the breakout. Target 35.97, invalidation 46.00.
Trade plan
● Active- Close
- 43.10
- ▼ 4.22%
- Target
- 35.97
- -16.5%
- Invalidation
- 46.00
- +6.7%
RiskReward
- Reward : risk
- 2.5 : 1
- ATR
- 1.46
- Price now
- 42.01 -2.5%
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
STML broke below its bear flag on the 30-minute close at 43.10.
Projected target 35.97 (-16.5%). The pattern is invalidated beyond 46.00 (+6.7%), a reward-to-risk of about 2.5 : 1.
Structure: bearish external, bullish internal (strong high 50.60). Nearest demand OB 42.25 - 42.26, supply OB 51.69 - 55.85.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing below the pattern at 43.10.
- 2 The target, 35.97 (-16.5%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 46.00 (+6.7%), cancels the setup.
- 4 Reward : risk is 2.5 : 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.