PSX · INV. BANKS / INV. COS. / SECURITIES COS. · 30 Min
LSEFSL Head & Shoulders breakdown
LSE Financial Services Limited. · 20 Oct 2026 · 13:30 PKT
▼ Bearish Breakout Pattern breakout With the trend
Closed at 2.20 on the breakout. Target 1.19, invalidation 3.35.
Trade plan
● Active- Close
- 2.20
- ▼ 8.33%
- Target
- 1.19
- -45.9%
- Invalidation
- 3.35
- +52.3%
RiskReward
- Reward : risk
- 0.9 : 1
- ATR
- 0.09
- Price now
- 2.27 +3.2%
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
LSEFSL broke below its head & shoulders on the 30-minute close at 2.20.
Projected target 1.19 (-45.9%). The pattern is invalidated beyond 3.35 (+52.3%), a reward-to-risk of about 0.9 : 1.
Structure: bearish external, bearish internal (strong high 4.28). Nearest demand OB 1.90 - 1.93, supply OB 2.64 - 2.65.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing below the pattern at 2.20.
- 2 The target, 1.19 (-45.9%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 3.35 (+52.3%), 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 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.