PSX · MODARABAS · 30 Min
FIBLM Inverse Head & Shoulders breakout
First IBL Modaraba · 19 Oct 2026 · 14:30 PKT
▲ Bullish Breakout Pattern breakout With the trend
Closed at 16.65 on the breakout. Target 18.98, invalidation 14.00.
Trade plan
● Active- Close
- 16.65
- ▲ 4.19%
- Target
- 18.98
- +14.0%
- Invalidation
- 14.00
- -15.9%
RiskReward
- Reward : risk
- 0.9 : 1
- ATR
- 0.37
- Price now
- 16.65 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
FIBLM broke above its inverse head & shoulders on the 30-minute close at 16.65.
Projected target 18.98 (+14.0%). The pattern is invalidated beyond 14.00 (-15.9%), a reward-to-risk of about 0.9 : 1.
Structure: bullish external, bullish internal (strong low 9.80). Nearest demand OB 12.00 - 12.60, supply OB 18.86 - 19.10.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing above the pattern at 16.65.
- 2 The target, 18.98 (+14.0%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 14.00 (-15.9%), cancels the setup.
- 4 Reward : risk is 0.9 : 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.