PSX · INSURANCE · 30 Min
CENI Inverse Head & Shoulders forming
Century Insurance Company Limited · 06 Nov 2026 · 15:30 PKT
▲ Bullish Forming Chart pattern Against the trend
Trade plan
- Close
- 32.90
- ▲ 0.00%
- Target
- 40.06
- +21.8%
- Invalidation
- —
- ATR
- 0.73
- 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
CENI has completed an inverse head & shoulders on the 30-minute chart with the head at 29.44 and the neckline at 34.64.
The pattern is confirmed by a 30-minute close above 34.79. The measured move from the neckline points to 40.06 (+15.6%). A close beyond the head at 29.44 cancels it.
Structure: bearish external, bearish internal (strong high 34.90). Nearest supply OB 37.00 - 37.79.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing above the pattern at 32.90.
- 2 The target, 40.06 (+21.8%), 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.