PSX · AUTOMOBILE ASSEMBLER · 30 Min
GHNI Head & Shoulders breakdown
Ghandhara Industries Limited · 22 Oct 2026 · 15:00 PKT
▼ Bearish Breakout Pattern breakout With the trend
Closed at 998.00 on the breakout. Target 955.80, invalidation 1,030.00.
Trade plan
● Active- Close
- 998.00
- ▼ 0.30%
- Target
- 955.80
- -4.2%
- Invalidation
- 1,030.00
- +3.2%
RiskReward
- Reward : risk
- 1.3 : 1
- ATR
- 5.75
- Price now
- 998.00 0.0%
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
GHNI broke below its head & shoulders on the 30-minute close at 998.00.
Projected target 955.80 (-4.2%). The pattern is invalidated beyond 1,030.00 (+3.2%), a reward-to-risk of about 1.3 : 1.
Structure: bearish external, bullish internal (strong high 1,113.89). Nearest demand OB 920.10 - 925.00, supply OB 1,063.00 - 1,076.00.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing below the pattern at 998.00.
- 2 The target, 955.80 (-4.2%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 1,030.00 (+3.2%), cancels the setup.
- 4 Reward : risk is 1.3 : 1: the distance to the target divided by the distance to invalidation.
- 5 Trend context: with 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.