PSX · COMMERCIAL BANKS · 30 Min
BAFL Inverse Head & Shoulders breakout
Bank Alfalah Limited · 26 Oct 2026 · 10:00 PKT
▲ Bullish Breakout Pattern breakout With the trend
Closed at 55.70 on the breakout. Target 57.57, invalidation 55.20.
Trade plan
● Active- Close
- 55.70
- ▲ 0.09%
- Target
- 57.57
- +3.4%
- Invalidation
- 55.20
- -0.9%
RiskReward
- Reward : risk
- 3.7 : 1
- ATR
- 0.29
- Price now
- 55.73 +0.1%
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
BAFL broke above its inverse head & shoulders on the 30-minute close at 55.70.
Projected target 57.57 (+3.4%). The pattern is invalidated beyond 55.20 (-0.9%), a reward-to-risk of about 3.7 : 1.
Structure: bullish external, bearish internal (strong low 54.16). Nearest demand OB 54.30 - 54.40, supply OB 56.85 - 57.00.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing above the pattern at 55.70.
- 2 The target, 57.57 (+3.4%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 55.20 (-0.9%), cancels the setup.
- 4 Reward : risk is 3.7 : 1: the distance to the target divided by the distance to invalidation.
- 5 Trend context: with 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.