PSX · AUTOMOBILE PARTS & ACCESSORIES · 30 Min
ATBA Inverse Head & Shoulders breakout
Atlas Battery Limited · 11 Nov 2026 · 10:00 PKT
▲ Bullish Breakout Pattern breakout With the trend
Closed at 169.80 on the breakout. Target 180.11, invalidation 156.10.
Trade plan
- Close
- 169.80
- ▲ 0.47%
- Target
- 180.11
- +6.1%
- Invalidation
- 156.10
- -8.1%
RiskReward
- Reward : risk
- 0.8 : 1
- ATR
- 2.20
- 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
ATBA broke above its inverse head & shoulders on the 30-minute close at 169.80.
Projected target 180.11 (+6.1%). The pattern is invalidated beyond 156.10 (-8.1%), a reward-to-risk of about 0.8 : 1.
Structure: bullish external, bullish internal (strong low 155.06). Nearest demand OB 160.00 - 160.90, supply OB 180.00 - 184.00.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing above the pattern at 169.80.
- 2 The target, 180.11 (+6.1%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 156.10 (-8.1%), 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.