PSX · MISCELLANEOUS · 1 Hour
AKDHL Inverse Head & Shoulders forming
AKD Hospitality Limited · 05 Nov 2026 · 09:30 PKT
▲ Bullish Forming Chart pattern Against the trend
Trade plan
- Close
- 144.04
- ▲ 0.02%
- Target
- 200.61
- +39.3%
- Invalidation
- —
- ATR
- 3.54
- 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
AKDHL has completed an inverse head & shoulders on the hourly chart with the head at 131.02 and the neckline at 174.19.
The pattern is confirmed by a hourly close above 174.90. The measured move from the neckline points to 200.61 (+15.2%). A close beyond the head at 131.02 cancels it.
Structure: bearish external, bullish internal (strong high 220.99). Nearest supply OB 167.49 - 169.00.
How to read this signal
- 1 The breakout was confirmed by the 1 hour candle closing above the pattern at 144.04.
- 2 The target, 200.61 (+39.3%), is the pattern's height projected from the breakout.
- 3 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.