PSX · TECHNOLOGY & COMMUNICATION · 30 Min
TPLT Inverse Head & Shoulders breakout
TPL Trakker Limited · 20 Oct 2026 · 09:30 PKT
▲ Bullish Breakout Pattern breakout With the trend
Closed at 34.50 on the breakout. Target 36.81, invalidation 29.70.
Trade plan
● Active- Close
- 34.50
- ▲ 5.18%
- Target
- 36.81
- +6.7%
- Invalidation
- 29.70
- -13.9%
RiskReward
- Reward : risk
- 0.5 : 1
- ATR
- 0.67
- Price now
- 34.36 -0.4%
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
TPLT broke above its inverse head & shoulders on the 30-minute close at 34.50.
Projected target 36.81 (+6.7%). The pattern is invalidated beyond 29.70 (-13.9%), a reward-to-risk of about 0.5 : 1.
Structure: bullish external, bullish internal (strong low 28.50). Nearest demand OB 30.00 - 31.20.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing above the pattern at 34.50.
- 2 The target, 36.81 (+6.7%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 29.70 (-13.9%), cancels the setup.
- 4 Reward : risk is 0.5 : 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.