PSX · TEXTILE COMPOSITE · 30 Min
ADMM Inverse Head & Shoulders breakout
Artistic Denim Mills Limited · 20 Oct 2026 · 10:00 PKT
▲ Bullish Breakout Pattern breakout Against the trend
Closed at 51.90 on the breakout. Target 58.08, invalidation 50.50.
Trade plan
● Active- Close
- 51.90
- ▲ 0.80%
- Target
- 58.08
- +11.9%
- Invalidation
- 50.50
- -2.7%
RiskReward
- Reward : risk
- 4.4 : 1
- ATR
- 0.45
- Price now
- 51.50 -0.8%
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
ADMM broke above its inverse head & shoulders on the 30-minute close at 51.90.
Projected target 58.08 (+11.9%). The pattern is invalidated beyond 50.50 (-2.7%), a reward-to-risk of about 4.4 : 1.
Structure: bearish external, bullish internal (strong high 63.50). Nearest demand OB 45.30 - 46.98, supply OB 58.01 - 59.47.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing above the pattern at 51.90.
- 2 The target, 58.08 (+11.9%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 50.50 (-2.7%), cancels the setup.
- 4 Reward : risk is 4.4 : 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.