PSX · TECHNOLOGY & COMMUNICATION · 30 Min
AVN Head & Shoulders breakdown
Avanceon Limited · 22 Oct 2026 · 10:00 PKT
▼ Bearish Breakout Pattern breakout With the trend
Closed at 26.55 on the breakout. Target 25.10, invalidation 27.74.
Trade plan
● Active- Close
- 26.55
- ▼ 0.90%
- Target
- 25.10
- -5.5%
- Invalidation
- 27.74
- +4.5%
RiskReward
- Reward : risk
- 1.2 : 1
- ATR
- 0.16
- Price now
- 26.68 +0.5%
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
AVN broke below its head & shoulders on the 30-minute close at 26.55.
Projected target 25.10 (-5.5%). The pattern is invalidated beyond 27.74 (+4.5%), a reward-to-risk of about 1.2 : 1.
Structure: bearish external, bearish internal (strong high 28.48). Nearest supply OB 27.44 - 27.66.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing below the pattern at 26.55.
- 2 The target, 25.10 (-5.5%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 27.74 (+4.5%), cancels the setup.
- 4 Reward : risk is 1.2 : 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.