PSX · Indices · 1 Hour
KMIALLSHR Inverse Head & Shoulders breakout
KMI ALL Shares Index · 03 Nov 2026 · 10:30 PKT
▲ Bullish Breakout Pattern breakout Against the trend
Closed at 65,422.76 on the breakout. Target 67,475.76, invalidation 64,572.43.
Trade plan
● Active- Close
- 65,422.76
- ▲ 0.09%
- Target
- 67,475.76
- +3.1%
- Invalidation
- 64,572.43
- -1.3%
RiskReward
- Reward : risk
- 2.4 : 1
- ATR
- 200.24
- Price now
- 65,310.06 -0.2%
Outcome measured on the 1 hour 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 1 Hour candles · click to enlarge
The breakdown
KMIALLSHR broke above its inverse head & shoulders on the hourly close at 65,422.76.
Projected target 67,475.76 (+3.1%). The pattern is invalidated beyond 64,572.43 (-1.3%), a reward-to-risk of about 2.4 : 1.
Structure: bearish external, bullish internal (strong high 65,790.56). Nearest demand OB 64,611.14 - 64,818.33, 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 65,422.76.
- 2 The target, 67,475.76 (+3.1%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 64,572.43 (-1.3%), cancels the setup.
- 4 Reward : risk is 2.4 : 1: the distance to the target divided by the distance to invalidation.
- 5 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.