PSX · MISCELLANEOUS · 30 Min
SHFA Inverse Head & Shoulders breakout
Shifa International Hospitals Limited · 29 Oct 2026 · 09:30 PKT
▲ Bullish Breakout Pattern breakout Against the trend
Closed at 439.99 on the breakout. Target 448.29, invalidation 433.99.
Trade plan
✕ Invalidated- Close
- 439.99
- ▼ 0.00%
- Target
- 448.29
- +1.9%
- Invalidation
- 433.99
- -1.4%
RiskReward
- Reward : risk
- 1.4 : 1
- ATR
- 1.94
- Price now
- 434.99 -1.1%
- Resolved
- 29 Oct · 15:00
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
SHFA broke above its inverse head & shoulders on the 30-minute close at 439.99.
Projected target 448.29 (+1.9%). The pattern is invalidated beyond 433.99 (-1.4%), a reward-to-risk of about 1.4 : 1.
Structure: bearish external, bearish internal (strong high 520.00). Nearest supply OB 475.00 - 477.00.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing above the pattern at 439.99.
- 2 The target, 448.29 (+1.9%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 433.99 (-1.4%), 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 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.