PSX · TEXTILE COMPOSITE · 30 Min
FSWL Head & Shoulders breakdown
Fateh Sports Wear Limited · 11 Nov 2026 · 10:30 PKT
▼ Bearish Breakout Pattern breakout Against the trend
Closed at 225.30 on the breakout. Target 147.14, invalidation 275.12.
Trade plan
- Close
- 225.30
- ▼ 4.13%
- Target
- 147.14
- -34.7%
- Invalidation
- 275.12
- +22.1%
RiskReward
- Reward : risk
- 1.6 : 1
- ATR
- 10.86
- 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
FSWL broke below its head & shoulders on the 30-minute close at 225.30.
Projected target 147.14 (-34.7%). The pattern is invalidated beyond 275.12 (+22.1%), a reward-to-risk of about 1.6 : 1.
Structure: bullish external, bearish internal (strong low 124.00). Nearest demand OB 171.30 - 195.00, supply OB 233.50 - 260.00.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing below the pattern at 225.30.
- 2 The target, 147.14 (-34.7%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 275.12 (+22.1%), cancels the setup.
- 4 Reward : risk is 1.6 : 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.