PSX · TEXTILE COMPOSITE · 30 Min
FSWL Bull Flag forming
Fateh Sports Wear Limited · 04 Nov 2026 · 14:30 PKT
▲ Bullish Forming Chart pattern With the trend
Lines to watch
Awaiting breakout- Close
- 283.99
- ▲ 4.41%
- Upper line
- 303.83
- +7.0%
- Lower line
- 267.60
- -5.8%
- ATR
- 9.36
- 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
FSWL is building a bull flag after a 79.50 rally (8.5x ATR) on the 30-minute chart.
The flag channel runs between 267.60 and 303.83. A 30-minute close above 305.70 signals continuation towards 383.33; a close below 267.60 fails the pattern.
Structure: bullish external, bearish internal (strong low 124.00). Nearest demand OB 240.00 - 249.00.
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 303.83 (+7.0%) would be an upside breakout.
- 3 A 30 min close below 267.60 (-5.8%) would be a downside breakout.
- 4 Until one of the lines breaks, there is no target or invalidation level.
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.