PSX · INV. BANKS / INV. COS. / SECURITIES COS. · 30 Min
FCEL Inverse Head & Shoulders breakout
First Capital Equities Limited · 04 Nov 2026 · 11:00 PKT
▲ Bullish Breakout Pattern breakout Against the trend
Closed at 4.80 on the breakout. Target 5.61, invalidation 4.22.
Trade plan
● Active- Close
- 4.80
- ▲ 2.78%
- Target
- 5.61
- +16.9%
- Invalidation
- 4.22
- -12.1%
RiskReward
- Reward : risk
- 1.4 : 1
- ATR
- 0.14
- Price now
- 4.74 -1.3%
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
FCEL broke above its inverse head & shoulders on the 30-minute close at 4.80.
Projected target 5.61 (+16.9%). The pattern is invalidated beyond 4.22 (-12.1%), a reward-to-risk of about 1.4 : 1.
Structure: bearish external, bearish internal (strong high 6.16). Nearest bearish FVG 5.38 - 5.39.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing above the pattern at 4.80.
- 2 The target, 5.61 (+16.9%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 4.22 (-12.1%), cancels the setup.
- 4 Reward : risk is 1.4 : 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.