PSX · TECHNOLOGY & COMMUNICATION · 30 Min
SYS Head & Shoulders breakdown
Systems Limited · 22 Oct 2026 · 12:30 PKT
▼ Bearish Breakout Pattern breakout With the trend
Closed at 113.70 on the breakout. Target 107.34, invalidation 116.63.
Trade plan
● Active- Close
- 113.70
- ▼ 0.08%
- Target
- 107.34
- -5.6%
- Invalidation
- 116.63
- +2.6%
RiskReward
- Reward : risk
- 2.2 : 1
- ATR
- 0.53
- Price now
- 112.70 -0.9%
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
SYS broke below its head & shoulders on the 30-minute close at 113.70.
Projected target 107.34 (-5.6%). The pattern is invalidated beyond 116.63 (+2.6%), a reward-to-risk of about 2.2 : 1.
Structure: bearish external, bullish internal (strong high 124.00). Nearest demand OB 112.60 - 112.99, supply OB 119.60 - 120.10.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing below the pattern at 113.70.
- 2 The target, 107.34 (-5.6%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 116.63 (+2.6%), cancels the setup.
- 4 Reward : risk is 2.2 : 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.