PSX · Indices · 1 Hour
KMIALLSHR Inverse Head & Shoulders forming
KMI ALL Shares Index · 03 Nov 2026 · 09:30 PKT
▲ Bullish Forming Chart pattern Against the trend
Trade plan
- Close
- 65,362.20
- ▲ 0.73%
- Target
- 67,480.79
- +3.2%
- Invalidation
- —
- ATR
- 207.29
- 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 1 Hour candles · click to enlarge
The breakdown
KMIALLSHR has completed an inverse head & shoulders on the hourly chart with the head at 63,425.53 and the neckline at 65,347.41.
The pattern is confirmed by a hourly close above 65,388.87. The measured move from the neckline points to 67,480.79 (+3.3%). A close beyond the head at 63,425.53 cancels it.
Structure: bearish external, bearish internal (strong high 65,790.56). Nearest demand OB 58,899.38 - 59,307.76, supply OB 66,100.46 - 66,258.97.
How to read this signal
- 1 The breakout was confirmed by the 1 hour candle closing above the pattern at 65,362.20.
- 2 The target, 67,480.79 (+3.2%), is the pattern's height projected from the breakout.
- 3 Trend context: against 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.