PSX · EXCHANGE TRADED FUNDS
JSGBETF Inverse Head & Shoulders forming — 1 Hour chart signal
JS Global Banking Sector(ETF)
1 Hour 09 Oct 2026 · 11:30 PKT
Close
38.30
▼ 0.78%
Inverse Head & Shoulders forming
Chart pattern With the trend
JSGBETF has completed an inverse head & shoulders on the hourly chart with the head at 36.10 and the neckline at 39.92.
The pattern is confirmed by a hourly close above 39.96. The measured move from the neckline points to 45.36 (+13.6%). A close beyond the head at 36.10 cancels it. Still active - first identified on 22 Sep 2026 14:30.
Structure: bullish external, bearish internal (strong low 32.00). Nearest demand OB 34.29 - 34.80, supply OB 39.39 - 39.45.