PSX · FOOD & PERSONAL CARE PRODUCTS · 1 Hour
UPFL Bear Flag forming
Unilever Pakistan Foods Limited · 02 Nov 2026 · 10:30 PKT
▼ Bearish Forming Chart pattern Against the trend
Lines to watch
Awaiting breakout- Close
- 25,874.99
- ▲ 1.47%
- Upper line
- 26,308.87
- +1.7%
- Lower line
- 25,707.33
- -0.6%
- ATR
- 465.79
- 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 1 Hour candles · click to enlarge
The breakdown
UPFL is building a bear flag after a 5,725.62 drop (12.3x ATR) on the hourly chart.
The flag channel runs between 25,707.33 and 26,308.87. A hourly close below 25,614.17 signals continuation towards 19,981.71; a close above 26,308.87 fails the pattern.
Structure: bullish external, bullish internal (strong low 22,504.66). Nearest bullish FVG 24,690.02 - 24,812.00.
How to read this signal
- 1 Not triggered yet: the pattern is still forming on the 1 hour chart.
- 2 A 1 hour close above 26,308.87 (+1.7%) would be an upside breakout.
- 3 A 1 hour close below 25,707.33 (-0.6%) would be a downside breakout.
- 4 Until one of the lines breaks, there is no target or invalidation level.
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.