PSX · REAL ESTATE INVESTMENT TRUST · Daily
DCR Head & Shoulders forming
Dolmen City REIT · 26 Oct 2026
▼ Bearish Forming Chart pattern Against the trend
Trade plan
- Close
- 38.26
- ▼ 2.67%
- Target
- 29.19
- -23.7%
- Invalidation
- —
- ATR
- 0.88
- 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 Daily candles · click to enlarge
The breakdown
DCR has completed a head & shoulders on the daily chart with the head at 41.98 and the neckline at 35.19.
The pattern is confirmed by a daily close below 35.01. The measured move from the neckline points to 29.19 (-17.0%). A close beyond the head at 41.98 cancels it.
Structure: bullish external, bearish internal (strong low 33.00). Nearest demand OB 32.01 - 32.50, supply OB 39.70 - 40.00.
How to read this signal
- 1 The breakout was confirmed by the daily candle closing below the pattern at 38.26.
- 2 The target, 29.19 (-23.7%), is the pattern's height projected from the breakout.
- 3 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.