PSX · TEXTILE SPINNING · 30 Min
SERT Inverse Head & Shoulders forming
Service Industries Textiles Limited · 10 Nov 2026 · 09:30 PKT
▲ Bullish Forming Chart pattern With the trend
Trade plan
- Close
- 36.00
- ▲ 3.27%
- Target
- 43.51
- +20.9%
- Invalidation
- —
- ATR
- 0.59
- 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
SERT has completed an inverse head & shoulders on the 30-minute chart with the head at 32.55 and the neckline at 38.06.
The pattern is confirmed by a 30-minute close above 38.18. The measured move from the neckline points to 43.51 (+14.3%). A close beyond the head at 32.55 cancels it.
Structure: bullish external, bullish internal (strong low 30.00). Nearest demand OB 27.01 - 27.77, supply OB 39.20 - 39.37.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing above the pattern at 36.00.
- 2 The target, 43.51 (+20.9%), is the pattern's height projected from the breakout.
- 3 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.