PSX · Indices · 30 Min
KSE100 Bull Pennant forming
KSE100 Index · 30 Oct 2026 · 10:00 PKT
▲ Bullish Forming Chart pattern With the trend
Lines to watch
Awaiting breakout- Close
- 167,260.47
- ▲ 0.10%
- Upper line
- 167,309.78
- +0.0%
- Lower line
- 166,766.69
- -0.3%
- ATR
- 311.18
- 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
KSE100 is building a bull pennant after a 2,083.64 rally (6.7x ATR) on the 30-minute chart.
The flag channel runs between 166,766.69 and 167,309.78. A 30-minute close above 167,372.02 signals continuation towards 169,393.42; a close below 166,766.69 fails the pattern.
Structure: bullish external, bullish internal (strong low 161,250.07). Nearest demand OB 164,845.24 - 164,967.41, supply OB 167,699.45 - 168,134.13.
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 167,309.78 (+0.0%) would be an upside breakout.
- 3 A 30 min close below 166,766.69 (-0.3%) 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.