PSX · FOOD & PERSONAL CARE PRODUCTS · 30 Min
ZIL Head & Shoulders breakdown
ZIL Limited · 04 Nov 2026 · 10:00 PKT
▼ Bearish Breakout Pattern breakout With the trend
Closed at 300.01 on the breakout. Target 260.64, invalidation 312.90.
Trade plan
● Active- Close
- 300.01
- ▲ 0.00%
- Target
- 260.64
- -13.1%
- Invalidation
- 312.90
- +4.3%
RiskReward
- Reward : risk
- 3.1 : 1
- ATR
- 2.44
- Price now
- 295.01 -1.7%
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
ZIL broke below its head & shoulders on the 30-minute close at 300.01.
Projected target 260.64 (-13.1%). The pattern is invalidated beyond 312.90 (+4.3%), a reward-to-risk of about 3.1 : 1.
Structure: bearish external, bullish internal (strong high 400.00). Nearest demand OB 280.00 - 282.00, supply OB 348.00 - 358.00.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing below the pattern at 300.01.
- 2 The target, 260.64 (-13.1%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 312.90 (+4.3%), cancels the setup.
- 4 Reward : risk is 3.1 : 1: the distance to the target divided by the distance to invalidation.
- 5 Trend context: with 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.