PSX · MISCELLANEOUS · 30 Min
OML Inverse Head & Shoulders breakout
Olympia Mills Limited · 27 Oct 2026 · 14:00 PKT
▲ Bullish Breakout Pattern breakout With the trend
Closed at 79.41 on the breakout. Target 93.70, invalidation 70.12.
Trade plan
● Active- Close
- 79.41
- ▲ 4.49%
- Target
- 93.70
- +18.0%
- Invalidation
- 70.12
- -11.7%
RiskReward
- Reward : risk
- 1.5 : 1
- ATR
- 2.31
- Price now
- 84.95 +7.0%
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
OML broke above its inverse head & shoulders on the 30-minute close at 79.41.
Projected target 93.70 (+18.0%). The pattern is invalidated beyond 70.12 (-11.7%), a reward-to-risk of about 1.5 : 1.
Structure: bullish external, bullish internal (strong low 58.15). Nearest demand OB 71.05 - 74.00, 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 79.41.
- 2 The target, 93.70 (+18.0%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 70.12 (-11.7%), cancels the setup.
- 4 Reward : risk is 1.5 : 1: the distance to the target divided by the distance to invalidation.
- 5 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.