PSX · TEXTILE COMPOSITE · 30 Min
MSOT Head & Shoulders breakdown
Masood Textile Mills Limited · 19 Oct 2026 · 14:30 PKT
▼ Bearish Breakout Pattern breakout Against the trend
Closed at 185.00 on the breakout. Target 162.91, invalidation 198.85.
Trade plan
● Active- Close
- 185.00
- ▼ 1.60%
- Target
- 162.91
- -11.9%
- Invalidation
- 198.85
- +7.5%
RiskReward
- Reward : risk
- 1.6 : 1
- ATR
- 2.91
- Price now
- 186.99 +1.1%
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
MSOT broke below its head & shoulders on the 30-minute close at 185.00.
Projected target 162.91 (-11.9%). The pattern is invalidated beyond 198.85 (+7.5%), a reward-to-risk of about 1.6 : 1.
Structure: bullish external, bullish internal (strong low 181.00). Nearest demand OB 152.15 - 154.61.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing below the pattern at 185.00.
- 2 The target, 162.91 (-11.9%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 198.85 (+7.5%), cancels the setup.
- 4 Reward : risk is 1.6 : 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.