PSX · INV. BANKS / INV. COS. / SECURITIES COS. · 30 Min
IMS Inverse Head & Shoulders breakout
Intermarket Securities Limited · 13 Nov 2026 · 09:00 PKT
▲ Bullish Breakout Pattern breakout With the trend
Closed at 19.00 on the breakout. Target 20.54, invalidation 17.00.
Trade plan
● Active- Close
- 19.00
- ▲ 2.15%
- Target
- 20.54
- +8.1%
- Invalidation
- 17.00
- -10.5%
RiskReward
- Reward : risk
- 0.8 : 1
- ATR
- 0.32
- Price now
- 18.90 -0.5%
Outcome measured on the 30 min 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 30 Min candles · click to enlarge
The breakdown
IMS broke above its inverse head & shoulders on the 30-minute close at 19.00.
Projected target 20.54 (+8.1%). The pattern is invalidated beyond 17.00 (-10.5%), a reward-to-risk of about 0.8 : 1.
Structure: bullish external, bullish internal (strong low 16.13). Nearest demand OB 17.00 - 17.45, supply OB 22.00 - 22.50.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing above the pattern at 19.00.
- 2 The target, 20.54 (+8.1%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 17.00 (-10.5%), 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.