PSX · AUTOMOBILE PARTS & ACCESSORIES · 1 Hour
LOADS Inverse Head & Shoulders forming
Loads Limited · 05 Nov 2026 · 09:30 PKT
▲ Bullish Forming Chart pattern Against the trend
Trade plan
- Close
- 12.05
- ▲ 1.01%
- Target
- 13.34
- +10.7%
- Invalidation
- —
- ATR
- 0.14
- 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
LOADS has completed an inverse head & shoulders on the hourly chart with the head at 11.01 and the neckline at 12.13.
The pattern is confirmed by a hourly close above 12.16. The measured move from the neckline points to 13.34 (+9.9%). A close beyond the head at 11.01 cancels it.
Structure: bearish external, bullish internal (strong high 12.30). Nearest demand OB 11.55 - 11.66, supply OB 12.69 - 12.85.
How to read this signal
- 1 The breakout was confirmed by the 1 hour candle closing above the pattern at 12.05.
- 2 The target, 13.34 (+10.7%), 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.