PSX · CEMENT · 1 Hour
KOHC Inverse Head & Shoulders forming
Kohat Cement Company Limited · 03 Nov 2026 · 10:30 PKT
▲ Bullish Forming Chart pattern With the trend
Trade plan
- Close
- 87.16
- ▲ 0.88%
- Target
- 98.01
- +12.4%
- Invalidation
- —
- ATR
- 1.23
- 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
KOHC has completed an inverse head & shoulders on the hourly chart with the head at 77.69 and the neckline at 87.63.
The pattern is confirmed by a hourly close above 87.88. The measured move from the neckline points to 98.01 (+11.8%). A close beyond the head at 77.69 cancels it.
Structure: bullish external, bullish internal (strong low 76.50). Nearest demand OB 82.00 - 83.99, supply OB 89.11 - 91.00.
How to read this signal
- 1 The breakout was confirmed by the 1 hour candle closing above the pattern at 87.16.
- 2 The target, 98.01 (+12.4%), 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.