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PSX · EXCHANGE TRADED FUNDS

NITGETF Head & Shoulders breakdown — 1 Hour chart signal

NIT Pakistan Gateway ETF

1 Hour 08 Oct 2026 · 14:30 PKT

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32.64

▼ 0.31%

▼ Bearish

Head & Shoulders breakdown

Pattern breakout Against the trend

NITGETF Head & Shoulders breakdown on the 1 hour chart, 08 Oct 2026 · 14:30 PKT — PSX pattern signal by Smart Money
SMC Structure · Order Blocks · FVG · Pattern Detector 1 Hour candles
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NITGETF broke below its head & shoulders on the hourly close at 32.64.

Projected target 31.12 (-4.7%). The pattern is invalidated beyond 33.42 (+2.4%), a reward-to-risk of about 1.9 : 1.

Structure: bullish external, bearish internal (strong low 30.55). Nearest bearish FVG 32.65 - 32.80.

Analysis by

Smart Money

smartmoney.pk · @smartmoneypk

Technical analysis for education only — not investment advice. Patterns can fail; manage your own risk.

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