PSX · PHARMACEUTICALS · 30 Min
LIVEN Head & Shoulders forming
Liven Pharma Limited · 27 Oct 2026 · 14:00 PKT
▼ Bearish Forming Chart pattern With the trend
Trade plan
- Close
- 30.15
- ▼ 2.74%
- Target
- 25.22
- -16.4%
- Invalidation
- —
- ATR
- 0.54
- 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
LIVEN has completed a head & shoulders on the 30-minute chart with the head at 33.75 and the neckline at 29.11.
The pattern is confirmed by a 30-minute close below 29.00. The measured move from the neckline points to 25.22 (-13.4%). A close beyond the head at 33.75 cancels it.
Structure: bearish external, bullish internal (strong high 36.80). Nearest supply OB 35.53 - 35.60.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing below the pattern at 30.15.
- 2 The target, 25.22 (-16.4%), is the pattern's height projected from the breakout.
- 3 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.