PSX · FOOD & PERSONAL CARE PRODUCTS · 30 Min
TREET Head & Shoulders breakdown
Treet Corporation Limited · 22 Oct 2026 · 14:30 PKT
▼ Bearish Breakout Pattern breakout Against the trend
Closed at 22.70 on the breakout. Target 19.48, invalidation 23.50.
Trade plan
● Active- Close
- 22.70
- ▼ 0.35%
- Target
- 19.48
- -14.2%
- Invalidation
- 23.50
- +3.5%
RiskReward
- Reward : risk
- 4.0 : 1
- ATR
- 0.19
- Price now
- 23.07 +1.6%
Outcome measured on the 30 min 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 30 Min candles · click to enlarge
The breakdown
TREET broke below its head & shoulders on the 30-minute close at 22.70.
Projected target 19.48 (-14.2%). The pattern is invalidated beyond 23.50 (+3.5%), a reward-to-risk of about 4.0 : 1.
Structure: bullish external, bearish internal (strong low 20.03). Nearest demand OB 22.02 - 22.39, supply OB 25.41 - 25.59.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing below the pattern at 22.70.
- 2 The target, 19.48 (-14.2%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 23.50 (+3.5%), cancels the setup.
- 4 Reward : risk is 4.0 : 1: the distance to the target divided by the distance to invalidation.
- 5 Trend context: against the trend.
Pattern guide
About the head and shoulders
A head and shoulders is a topping pattern: three peaks with the middle one highest, resting on a "neckline" whose break often ends an uptrend.
- Confirmation
- A close below the neckline.
- Target
- The height from the head to the neckline, projected down from the break.
- Fails if
- A close back above the right shoulder or the neckline.