PSX · TRANSPORT · 1 Hour
BLUEX Inverse Head & Shoulders breakout
Blue-Ex Limited · 06 Nov 2026 · 14:30 PKT
▲ Bullish Breakout Pattern breakout With the trend
Closed at 5.95 on the breakout. Target 6.75, invalidation 5.28.
Trade plan
● Active- Close
- 5.95
- ▲ 4.20%
- Target
- 6.75
- +13.4%
- Invalidation
- 5.28
- -11.3%
RiskReward
- Reward : risk
- 1.2 : 1
- ATR
- 0.15
- Price now
- 6.31 +6.1%
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
BLUEX broke above its inverse head & shoulders on the hourly close at 5.95.
Projected target 6.75 (+13.4%). The pattern is invalidated beyond 5.28 (-11.3%), a reward-to-risk of about 1.2 : 1.
Structure: bullish external, bearish internal (strong low 4.90). Nearest supply OB 6.25 - 6.38.
How to read this signal
- 1 The breakout was confirmed by the 1 hour candle closing above the pattern at 5.95.
- 2 The target, 6.75 (+13.4%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 5.28 (-11.3%), cancels the setup.
- 4 Reward : risk is 1.2 : 1: the distance to the target divided by the distance to invalidation.
- 5 Trend context: with 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.