PSX · INV. BANKS / INV. COS. / SECURITIES COS. · 1 Hour
OLPL Inverse Head & Shoulders breakout
OLP Financial Services Pakistan Limited · 10 Nov 2026 · 09:30 PKT
▲ Bullish Breakout Pattern breakout With the trend
Closed at 48.48 on the breakout. Target 51.84, invalidation 44.42.
Trade plan
● Active- Close
- 48.48
- ▲ 5.39%
- Target
- 51.84
- +6.9%
- Invalidation
- 44.42
- -8.4%
RiskReward
- Reward : risk
- 0.8 : 1
- ATR
- 0.52
- Price now
- 45.60 -5.9%
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
OLPL broke above its inverse head & shoulders on the hourly close at 48.48.
Projected target 51.84 (+6.9%). The pattern is invalidated beyond 44.42 (-8.4%), a reward-to-risk of about 0.8 : 1.
Structure: bullish external, bearish internal (strong low 44.04). Nearest supply OB 50.00 - 51.00.
How to read this signal
- 1 The breakout was confirmed by the 1 hour candle closing above the pattern at 48.48.
- 2 The target, 51.84 (+6.9%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 44.42 (-8.4%), cancels the setup.
- 4 Reward : risk is 0.8 : 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.