PSX · CHEMICAL · 30 Min
LCI Bull Pennant forming
Lucky Core Industries Limited · 29 Oct 2026 · 09:30 PKT
▲ Bullish Forming Chart pattern Against the trend
Lines to watch
Awaiting breakout- Close
- 182.50
- ▼ 0.16%
- Upper line
- 182.91
- +0.2%
- Lower line
- 181.07
- -0.8%
- ATR
- 1.53
- 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
LCI is building a bull pennant after a 10.99 rally (7.2x ATR) on the 30-minute chart.
The flag channel runs between 181.07 and 182.91. A 30-minute close above 183.22 signals continuation towards 193.90; a close below 181.07 fails the pattern.
Structure: bearish external, bearish internal (strong high 195.00). Nearest supply OB 185.00 - 186.00.
How to read this signal
- 1 Not triggered yet: the pattern is still forming on the 30 min chart.
- 2 A 30 min close above 182.91 (+0.2%) would be an upside breakout.
- 3 A 30 min close below 181.07 (-0.8%) would be a downside breakout.
- 4 Until one of the lines breaks, there is no target or invalidation level.
Pattern guide
About the bull pennant
A bull pennant is a sharp rise followed by a small symmetrical triangle; a break above it usually continues the rise.
- Confirmation
- A close above the pennant.
- Target
- The length of the pole, projected up from the breakout.
- Fails if
- A close below the pennant.