PSX · COMMERCIAL BANKS · 1 Hour
BML Bull Flag breakout
Bank Makramah Limited · 19 Oct 2026 · 13:30 PKT
▲ Bullish Breakout Pattern breakout With the trend
Closed at 59.19 on the breakout. Target 70.82, invalidation 59.14.
Trade plan
✕ Invalidated- Close
- 59.19
- ▲ 1.09%
- Target
- 70.82
- +19.6%
- Invalidation
- 59.14
- -0.1%
RiskReward
- Reward : risk
- 232.6 : 1
- ATR
- 1.38
- Price now
- 59.11 -0.1%
- Resolved
- 19 Oct · 14:30
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
BML broke above its bull flag on the hourly close at 59.19.
Projected target 70.82 (+19.6%). The pattern is invalidated beyond 59.14 (-0.1%), a reward-to-risk of about 232.6 : 1.
Structure: bullish external, bullish internal (strong low 42.71). Nearest demand OB 52.60 - 54.68, supply OB 66.10 - 68.90.
How to read this signal
- 1 The breakout was confirmed by the 1 hour candle closing above the pattern at 59.19.
- 2 The target, 70.82 (+19.6%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 59.14 (-0.1%), cancels the setup.
- 4 Reward : risk is 232.6 : 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.