PSX · INV. BANKS / INV. COS. / SECURITIES COS. · 1 Hour
ICIBL Inverse Head & Shoulders breakout
Invest Capital Investment Bank Limited · 12 Nov 2026 · 09:30 PKT
▲ Bullish Breakout Pattern breakout With the trend
Closed at 17.28 on the breakout. Target 20.42, invalidation 15.15.
Trade plan
● Active- Close
- 17.28
- ▲ 1.65%
- Target
- 20.42
- +18.2%
- Invalidation
- 15.15
- -12.3%
RiskReward
- Reward : risk
- 1.5 : 1
- ATR
- 0.32
- Price now
- 17.28 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
ICIBL broke above its inverse head & shoulders on the hourly close at 17.28.
Projected target 20.42 (+18.2%). The pattern is invalidated beyond 15.15 (-12.3%), a reward-to-risk of about 1.5 : 1.
Structure: bullish external, bullish internal (strong low 14.48). Nearest supply OB 19.62 - 20.00.
How to read this signal
- 1 The breakout was confirmed by the 1 hour candle closing above the pattern at 17.28.
- 2 The target, 20.42 (+18.2%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 15.15 (-12.3%), cancels the setup.
- 4 Reward : risk is 1.5 : 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.