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PSX · FOOD & PERSONAL CARE PRODUCTS · 30 Min

UPFL Inverse Head & Shoulders breakout

Unilever Pakistan Foods Limited · 21 Oct 2026 · 09:30 PKT

▲ Bullish Breakout Pattern breakout Against the trend

Closed at 25,650.02 on the breakout. Target 28,175.62, invalidation 24,812.00.

Trade plan

● Active
Close
25,650.02
▲ 1.52%
Target
28,175.62
+9.8%
Invalidation
24,812.00
-3.3%

RiskReward

Reward : risk
3.0 : 1
ATR
226.53
Price now
25,551.00 -0.4%

Outcome measured on the 30 min bars after the signal: target or invalidation, whichever is touched first; a bar touching both counts as invalidated.

UPFL Inverse Head & Shoulders breakout on the 30 min chart, 21 Oct 2026 · 09:30 PKT — PSX pattern signal by Smart Money
  • 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

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The breakdown

UPFL broke above its inverse head & shoulders on the 30-minute close at 25,650.02.

Projected target 28,175.62 (+9.8%). The pattern is invalidated beyond 24,812.00 (-3.3%), a reward-to-risk of about 3.0 : 1.

Structure: bearish external, bearish internal (strong high 27,000.00). Nearest bullish FVG 25,110.00 - 25,500.00.

How to read this signal

  1. 1 The breakout was confirmed by the 30 min candle closing above the pattern at 25,650.02.
  2. 2 The target, 28,175.62 (+9.8%), is the pattern's height projected from the breakout.
  3. 3 A move to the invalidation level, 24,812.00 (-3.3%), cancels the setup.
  4. 4 Reward : risk is 3.0 : 1: the distance to the target divided by the distance to invalidation.
  5. 5 Trend context: against the trend.

Pattern guide

About the inverse head and shoulders

An inverse head and shoulders is a bottoming pattern: three troughs with the middle one lowest, whose neckline break often starts an uptrend.

Confirmation
A close above the neckline.
Target
The depth from the head to the neckline, projected up from the break.
Fails if
A close back below the right shoulder or the neckline.
Inverse head and shoulders signals and their record on PSX →

Analysis by

Smart Money

smartmoney.pk · @smartmoneypk

Technical analysis for education only — not investment advice. Patterns can fail; manage your own risk.

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