PSX · GLASS & CERAMICS · 1 Hour
FRCL Inverse Head & Shoulders breakout
Frontier Ceramics Limited · 04 Nov 2026 · 09:30 PKT
▲ Bullish Breakout Pattern breakout Against the trend
Closed at 94.94 on the breakout. Target 116.08, invalidation 76.01.
Trade plan
● Active- Close
- 94.94
- ▲ 10.00%
- Target
- 116.08
- +22.3%
- Invalidation
- 76.01
- -19.9%
RiskReward
- Reward : risk
- 1.1 : 1
- ATR
- 3.82
- Price now
- 94.94 0.0%
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
FRCL broke above its inverse head & shoulders on the hourly close at 94.94.
Projected target 116.08 (+22.3%). The pattern is invalidated beyond 76.01 (-19.9%), a reward-to-risk of about 1.1 : 1.
Structure: bearish external, bullish internal (strong high 97.00). Nearest demand OB 76.01 - 80.00.
How to read this signal
- 1 The breakout was confirmed by the 1 hour candle closing above the pattern at 94.94.
- 2 The target, 116.08 (+22.3%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 76.01 (-19.9%), cancels the setup.
- 4 Reward : risk is 1.1 : 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.