PSX · Indices · 30 Min
ALLSHR Inverse Head & Shoulders breakout
KSE ALL Shares Index · 04 Nov 2026 · 09:30 PKT
▲ Bullish Breakout Pattern breakout With the trend
Closed at 101,815.65 on the breakout. Target 104,479.48, invalidation 100,043.73.
Trade plan
● Active- Close
- 101,815.65
- ▲ 0.75%
- Target
- 104,479.48
- +2.6%
- Invalidation
- 100,043.73
- -1.7%
RiskReward
- Reward : risk
- 1.5 : 1
- ATR
- 206.85
- Price now
- 102,135.33 +0.3%
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
ALLSHR broke above its inverse head & shoulders on the 30-minute close at 101,815.65.
Projected target 104,479.48 (+2.6%). The pattern is invalidated beyond 100,043.73 (-1.7%), a reward-to-risk of about 1.5 : 1.
Structure: bullish external, bullish internal (strong low 98,017.34). Nearest demand OB 100,897.44 - 101,006.71, supply OB 102,252.65 - 102,382.11.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing above the pattern at 101,815.65.
- 2 The target, 104,479.48 (+2.6%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 100,043.73 (-1.7%), 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.