PSX · CEMENT · 1 Hour
GWLC Inverse Head & Shoulders breakout
Gharibwal Cement Limited · 10 Nov 2026 · 14:30 PKT
▲ Bullish Breakout Pattern breakout Against the trend
Closed at 45.49 on the breakout. Target 50.34, invalidation 43.00.
Trade plan
● Active- Close
- 45.49
- ▲ 1.29%
- Target
- 50.34
- +10.7%
- Invalidation
- 43.00
- -5.5%
RiskReward
- Reward : risk
- 1.9 : 1
- ATR
- 0.69
- Price now
- 45.49 0.0%
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
GWLC broke above its inverse head & shoulders on the hourly close at 45.49.
Projected target 50.34 (+10.7%). The pattern is invalidated beyond 43.00 (-5.5%), a reward-to-risk of about 1.9 : 1.
Structure: bearish external, bullish internal (strong high 47.00). Nearest demand OB 41.45 - 42.00, supply OB 50.50 - 51.25.
How to read this signal
- 1 The breakout was confirmed by the 1 hour candle closing above the pattern at 45.49.
- 2 The target, 50.34 (+10.7%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 43.00 (-5.5%), cancels the setup.
- 4 Reward : risk is 1.9 : 1: the distance to the target divided by the distance to invalidation.
- 5 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.