PSX · CEMENT · 1 Hour
DNCC Bear Flag breakdown
Dandot Cement Company Limited · 04 Nov 2026 · 14:30 PKT
▼ Bearish Breakout Pattern breakout With the trend
Closed at 22.02 on the breakout. Target 18.01, invalidation 23.50.
Trade plan
● Active- Close
- 22.02
- ▼ 3.42%
- Target
- 18.01
- -18.2%
- Invalidation
- 23.50
- +6.7%
RiskReward
- Reward : risk
- 2.7 : 1
- ATR
- 0.72
- Price now
- 22.02 0.0%
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
DNCC broke below its bear flag on the hourly close at 22.02.
Projected target 18.01 (-18.2%). The pattern is invalidated beyond 23.50 (+6.7%), a reward-to-risk of about 2.7 : 1.
Structure: bearish external, bearish internal (strong high 28.78). Nearest demand OB 19.18 - 19.52, supply OB 25.15 - 27.53.
How to read this signal
- 1 The breakout was confirmed by the 1 hour candle closing below the pattern at 22.02.
- 2 The target, 18.01 (-18.2%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 23.50 (+6.7%), cancels the setup.
- 4 Reward : risk is 2.7 : 1: the distance to the target divided by the distance to invalidation.
- 5 Trend context: with the trend.
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.