PSX · CEMENT · 1 Hour
FLYNG Bull Flag breakout
Flying Cement Company Limited · 02 Nov 2026 · 13:30 PKT
▲ Bullish Breakout Pattern breakout With the trend
Closed at 37.34 on the breakout. Target 46.11, invalidation 36.01.
Trade plan
● Active- Close
- 37.34
- ▲ 0.92%
- Target
- 46.11
- +23.5%
- Invalidation
- 36.01
- -3.6%
RiskReward
- Reward : risk
- 6.6 : 1
- ATR
- 1.03
- Price now
- 37.00 -0.9%
Outcome measured on the 1 hour 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 1 Hour candles · click to enlarge
The breakdown
FLYNG broke above its bull flag on the hourly close at 37.34.
Projected target 46.11 (+23.5%). The pattern is invalidated beyond 36.01 (-3.6%), a reward-to-risk of about 6.6 : 1.
Structure: bullish external, bullish internal (strong low 30.00). Nearest demand OB 30.00 - 31.50, supply OB 40.59 - 41.00.
How to read this signal
- 1 The breakout was confirmed by the 1 hour candle closing above the pattern at 37.34.
- 2 The target, 46.11 (+23.5%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 36.01 (-3.6%), cancels the setup.
- 4 Reward : risk is 6.6 : 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.