PSX · TECHNOLOGY & COMMUNICATION · Daily
PAKD Head & Shoulders breakdown
Pak Datacom Limited · 06 Nov 2026
▼ Bearish Breakout Pattern breakout Against the trend
Closed at 114.06 on the breakout. Target 66.53, invalidation 141.96.
Trade plan
- Close
- 114.06
- ▼ 4.48%
- Target
- 66.53
- -41.7%
- Invalidation
- 141.96
- +24.5%
RiskReward
- Reward : risk
- 1.7 : 1
- ATR
- 3.54
- 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 Daily candles · click to enlarge
The breakdown
PAKD broke below its head & shoulders on the daily close at 114.06.
Projected target 66.53 (-41.7%). The pattern is invalidated beyond 141.96 (+24.5%), a reward-to-risk of about 1.7 : 1.
Structure: bullish external, bullish internal (strong low 85.60). Nearest demand OB 91.64 - 98.90, supply OB 265.00 - 286.72.
How to read this signal
- 1 The breakout was confirmed by the daily candle closing below the pattern at 114.06.
- 2 The target, 66.53 (-41.7%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 141.96 (+24.5%), cancels the setup.
- 4 Reward : risk is 1.7 : 1: the distance to the target divided by the distance to invalidation.
- 5 Trend context: against the trend.
Pattern guide
About the head and shoulders
A head and shoulders is a topping pattern: three peaks with the middle one highest, resting on a "neckline" whose break often ends an uptrend.
- Confirmation
- A close below the neckline.
- Target
- The height from the head to the neckline, projected down from the break.
- Fails if
- A close back above the right shoulder or the neckline.