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PSX · TEXTILE SPINNING

AMTEX Head & Shoulders forming — 1 Hour chart signal

Amtex Limited

1 Hour 12 Oct 2026 · 09:30 PKT

Close

4.00

▼ 1.96%

▼ Bearish

Head & Shoulders forming

Chart pattern With the trend

AMTEX Head & Shoulders forming on the 1 hour chart, 12 Oct 2026 · 09:30 PKT — PSX pattern signal by Smart Money
SMC Structure · Order Blocks · FVG · Pattern Detector 1 Hour candles
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AMTEX has completed a head & shoulders on the hourly chart with the head at 4.35 and the neckline at 3.80.

The pattern is confirmed by a hourly close below 3.78. The measured move from the neckline points to 3.17 (-16.7%). A close beyond the head at 4.35 cancels it.

Structure: bearish external, bullish internal (strong high 6.49). Nearest supply OB 4.47 - 4.53.

Analysis by

Smart Money

smartmoney.pk · @smartmoneypk

Technical analysis for education only — not investment advice. Patterns can fail; manage your own risk.

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