PSX · SYNTHETIC & RAYON · 30 Min
RUPL Head & Shoulders breakdown
Rupali Polyester Limited · 26 Oct 2026 · 14:00 PKT
▼ Bearish Breakout Pattern breakout Against the trend
Closed at 26.75 on the breakout. Target 21.00, invalidation 30.85.
Trade plan
● Active- Close
- 26.75
- ▼ 9.48%
- Target
- 21.00
- -21.5%
- Invalidation
- 30.85
- +15.3%
RiskReward
- Reward : risk
- 1.4 : 1
- ATR
- 0.89
- Price now
- 28.79 +7.6%
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
RUPL broke below its head & shoulders on the 30-minute close at 26.75.
Projected target 21.00 (-21.5%). The pattern is invalidated beyond 30.85 (+15.3%), a reward-to-risk of about 1.4 : 1.
Structure: bullish external, bearish internal (strong low 23.11). Nearest demand OB 24.50 - 24.51, supply OB 28.00 - 29.55.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing below the pattern at 26.75.
- 2 The target, 21.00 (-21.5%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 30.85 (+15.3%), cancels the setup.
- 4 Reward : risk is 1.4 : 1: the distance to the target divided by the distance to invalidation.
- 5 Trend context: against 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.