PSX · AUTOMOBILE ASSEMBLER · 30 Min
SAZEW Bear Flag forming
Sazgar Engineering Works Limited · 02 Nov 2026 · 14:00 PKT
▼ Bearish Forming Chart pattern With the trend
Lines to watch
Awaiting breakout- Close
- 1,388.00
- ▼ 0.28%
- Upper line
- 1,401.00
- +0.9%
- Lower line
- 1,376.03
- -0.9%
- ATR
- 14.46
- 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
SAZEW is building a bear flag after a 90.00 drop (6.2x ATR) on the 30-minute chart.
The flag channel runs between 1,376.03 and 1,401.00. A 30-minute close below 1,373.14 signals continuation towards 1,286.03; a close above 1,401.00 fails the pattern.
Structure: bearish external, bearish internal (strong high 1,533.00). Nearest supply OB 1,438.50 - 1,449.99.
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 1,401.00 (+0.9%) would be an upside breakout.
- 3 A 30 min close below 1,376.03 (-0.9%) 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.