PSX · CEMENT · 30 Min
THCCL Bull Flag breakout
Thatta Cement Company Limited · 02 Nov 2026 · 13:30 PKT
▲ Bullish Breakout Pattern breakout With the trend
Closed at 74.64 on the breakout. Target 80.11, invalidation 73.32.
Trade plan
✕ Invalidated- Close
- 74.64
- ▲ 1.54%
- Target
- 80.11
- +7.3%
- Invalidation
- 73.32
- -1.8%
RiskReward
- Reward : risk
- 4.1 : 1
- ATR
- 0.97
- Price now
- 73.95 -0.9%
- Resolved
- 02 Nov · 15:00
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
THCCL broke above its bull flag on the 30-minute close at 74.64.
Projected target 80.11 (+7.3%). The pattern is invalidated beyond 73.32 (-1.8%), a reward-to-risk of about 4.1 : 1.
Structure: bullish external, bullish internal (strong low 58.13). Nearest demand OB 69.90 - 70.40, supply OB 79.75 - 79.96.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing above the pattern at 74.64.
- 2 The target, 80.11 (+7.3%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 73.32 (-1.8%), cancels the setup.
- 4 Reward : risk is 4.1 : 1: the distance to the target divided by the distance to invalidation.
- 5 Trend context: with the trend.
Pattern guide
About the bull flag
A bull flag is a sharp rise (the pole) followed by a short, gently falling channel (the flag); a break above the flag usually resumes the rise.
- Confirmation
- A close above the flag's upper line.
- Target
- The length of the pole, projected up from the breakout.
- Fails if
- A close below the flag's lower line.