PSX · MODARABAS · 30 Min
FFLM Head & Shoulders breakdown
First Fidelity Leasing Modaraba · 04 Nov 2026 · 10:00 PKT
▼ Bearish Breakout Pattern breakout Against the trend
Closed at 11.41 on the breakout. Target 10.29, invalidation 11.90.
Trade plan
● Active- Close
- 11.41
- ▼ 4.12%
- Target
- 10.29
- -9.8%
- Invalidation
- 11.90
- +4.3%
RiskReward
- Reward : risk
- 2.3 : 1
- ATR
- 0.18
- Price now
- 11.89 +4.2%
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
FFLM broke below its head & shoulders on the 30-minute close at 11.41.
Projected target 10.29 (-9.8%). The pattern is invalidated beyond 11.90 (+4.3%), a reward-to-risk of about 2.3 : 1.
Structure: bullish external, bearish internal (strong low 6.11). Nearest demand OB 9.30 - 9.65, supply OB 11.99 - 12.39.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing below the pattern at 11.41.
- 2 The target, 10.29 (-9.8%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 11.90 (+4.3%), cancels the setup.
- 4 Reward : risk is 2.3 : 1: the distance to the target divided by the distance to invalidation.
- 5 Trend context: against the trend.
Pattern guide
About the head and shoulders
A head and shoulders is a topping pattern: three peaks with the middle one highest, resting on a "neckline" whose break often ends an uptrend.
- Confirmation
- A close below the neckline.
- Target
- The height from the head to the neckline, projected down from the break.
- Fails if
- A close back above the right shoulder or the neckline.