PSX · CHEMICAL · 1 Hour
BAPL Inverse Head & Shoulders breakout
Bawany Air Products Limited · 13 Nov 2026 · 08:30 PKT
▲ Bullish Breakout Pattern breakout Against the trend
Closed at 21.00 on the breakout. Target 27.63, invalidation 18.00.
Trade plan
● Active- Close
- 21.00
- ▲ 10.53%
- Target
- 27.63
- +31.6%
- Invalidation
- 18.00
- -14.3%
RiskReward
- Reward : risk
- 2.2 : 1
- ATR
- 0.81
- Price now
- 21.00 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
BAPL broke above its inverse head & shoulders on the hourly close at 21.00.
Projected target 27.63 (+31.6%). The pattern is invalidated beyond 18.00 (-14.3%), a reward-to-risk of about 2.2 : 1.
Structure: bearish external, bullish internal (strong high 48.35). Nearest demand OB 18.70 - 19.75, supply OB 37.75 - 39.10.
How to read this signal
- 1 The breakout was confirmed by the 1 hour candle closing above the pattern at 21.00.
- 2 The target, 27.63 (+31.6%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 18.00 (-14.3%), cancels the setup.
- 4 Reward : risk is 2.2 : 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.