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PSX · Indices · 30 Min

KMIALLSHR Inverse Head & Shoulders breakout

KMI ALL Shares Index · 04 Nov 2026 · 09:30 PKT

▲ Bullish Breakout Pattern breakout With the trend

Closed at 65,827.01 on the breakout. Target 67,387.78, invalidation 64,572.43.

Trade plan

● Active
Close
65,827.01
▲ 0.79%
Target
67,387.78
+2.4%
Invalidation
64,572.43
-1.9%

RiskReward

Reward : risk
1.2 : 1
ATR
142.52
Price now
66,067.78 +0.4%

Outcome measured on the 30 min bars after the signal: target or invalidation, whichever is touched first; a bar touching both counts as invalidated.

KMIALLSHR Inverse Head & Shoulders breakout on the 30 min chart, 04 Nov 2026 · 09:30 PKT — PSX pattern signal by Smart Money
  • 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

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The breakdown

KMIALLSHR broke above its inverse head & shoulders on the 30-minute close at 65,827.01.

Projected target 67,387.78 (+2.4%). The pattern is invalidated beyond 64,572.43 (-1.9%), a reward-to-risk of about 1.2 : 1.

Structure: bullish external, bullish internal (strong low 63,425.53). Nearest demand OB 65,139.49 - 65,290.06, supply OB 66,252.97 - 66,330.33.

How to read this signal

  1. 1 The breakout was confirmed by the 30 min candle closing above the pattern at 65,827.01.
  2. 2 The target, 67,387.78 (+2.4%), is the pattern's height projected from the breakout.
  3. 3 A move to the invalidation level, 64,572.43 (-1.9%), cancels the setup.
  4. 4 Reward : risk is 1.2 : 1: the distance to the target divided by the distance to invalidation.
  5. 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.
Inverse head and shoulders signals and their record on PSX →

Analysis by

Smart Money

smartmoney.pk · @smartmoneypk

Technical analysis for education only — not investment advice. Patterns can fail; manage your own risk.

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