PSX · TEXTILE SPINNING · 30 Min
SNAI Head & Shoulders breakdown
Sana Industries Limited · 26 Oct 2026 · 09:30 PKT
▼ Bearish Breakout Pattern breakout Against the trend
Closed at 32.10 on the breakout. Target 26.60, invalidation 36.00.
Trade plan
● Active- Close
- 32.10
- ▼ 6.93%
- Target
- 26.60
- -17.1%
- Invalidation
- 36.00
- +12.1%
RiskReward
- Reward : risk
- 1.4 : 1
- ATR
- 1.04
- Price now
- 34.49 +7.5%
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
SNAI broke below its head & shoulders on the 30-minute close at 32.10.
Projected target 26.60 (-17.1%). The pattern is invalidated beyond 36.00 (+12.1%), a reward-to-risk of about 1.4 : 1.
Structure: bullish external, bearish internal (strong low 28.55). Nearest bullish FVG 30.70 - 30.71.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing below the pattern at 32.10.
- 2 The target, 26.60 (-17.1%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 36.00 (+12.1%), cancels the setup.
- 4 Reward : risk is 1.4 : 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.