PSX · FOOD & PERSONAL CARE PRODUCTS · 30 Min
MUREB Inverse Head & Shoulders breakout
Murree Brewery Company Limited · 10 Nov 2026 · 10:00 PKT
▲ Bullish Breakout Pattern breakout With the trend
Closed at 934.00 on the breakout. Target 985.05, invalidation 888.02.
Trade plan
● Active- Close
- 934.00
- ▲ 3.19%
- Target
- 985.05
- +5.5%
- Invalidation
- 888.02
- -4.9%
RiskReward
- Reward : risk
- 1.1 : 1
- ATR
- 14.89
- Price now
- 911.00 -2.5%
Outcome measured on the 30 min 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 30 Min candles · click to enlarge
The breakdown
MUREB broke above its inverse head & shoulders on the 30-minute close at 934.00.
Projected target 985.05 (+5.5%). The pattern is invalidated beyond 888.02 (-4.9%), a reward-to-risk of about 1.1 : 1.
Structure: bullish external, bullish internal (strong low 836.85). Nearest bullish FVG 905.00 - 933.00.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing above the pattern at 934.00.
- 2 The target, 985.05 (+5.5%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 888.02 (-4.9%), cancels the setup.
- 4 Reward : risk is 1.1 : 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.