PSX · TECHNOLOGY & COMMUNICATION · 30 Min
AVN Bear Flag breakdown
Avanceon Limited · 02 Nov 2026 · 10:30 PKT
▼ Bearish Breakout Pattern breakout With the trend
Closed at 24.16 on the breakout. Target 22.16, invalidation 24.72.
Trade plan
● Active- Close
- 24.16
- ▼ 0.74%
- Target
- 22.16
- -8.3%
- Invalidation
- 24.72
- +2.3%
RiskReward
- Reward : risk
- 3.6 : 1
- ATR
- 0.30
- Price now
- 23.80 -1.5%
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
AVN broke below its bear flag on the 30-minute close at 24.16.
Projected target 22.16 (-8.3%). The pattern is invalidated beyond 24.72 (+2.3%), a reward-to-risk of about 3.6 : 1.
Structure: bearish external, bearish internal (strong high 26.40). Nearest supply OB 25.77 - 26.20.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing below the pattern at 24.16.
- 2 The target, 22.16 (-8.3%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 24.72 (+2.3%), cancels the setup.
- 4 Reward : risk is 3.6 : 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.