PSX · MISCELLANEOUS · 30 Min
OML Inverse Head & Shoulders forming
Olympia Mills Limited · 27 Oct 2026 · 13:30 PKT
▲ Bullish Forming Chart pattern With the trend
Trade plan
- Close
- 76.00
- ▲ 6.82%
- Target
- 93.76
- +23.4%
- Invalidation
- —
- ATR
- 2.19
- 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
OML has completed an inverse head & shoulders on the 30-minute chart with the head at 63.27 and the neckline at 77.77.
The pattern is confirmed by a 30-minute close above 78.21. The measured move from the neckline points to 93.76 (+20.6%). A close beyond the head at 63.27 cancels it.
Structure: bullish external, bullish internal (strong low 58.15). Nearest demand OB 63.27 - 65.49, supply OB 106.00 - 109.60.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing above the pattern at 76.00.
- 2 The target, 93.76 (+23.4%), is the pattern's height projected from the breakout.
- 3 Trend context: with the trend.
Pattern guide
About the inverse head and shoulders
An inverse head and shoulders is a bottoming pattern: three troughs with the middle one lowest, whose neckline break often starts an uptrend.
- Confirmation
- A close above the neckline.
- Target
- The depth from the head to the neckline, projected up from the break.
- Fails if
- A close back below the right shoulder or the neckline.