PSX · TEXTILE COMPOSITE · 30 Min
SFL Inverse Head & Shoulders breakout
Sapphire Fibres Limited · 13 Nov 2026 · 09:00 PKT
▲ Bullish Breakout Pattern breakout Against the trend
Closed at 999.96 on the breakout. Target 1,141.17, invalidation 902.01.
Trade plan
● Active- Close
- 999.96
- ▲ 1.95%
- Target
- 1,141.17
- +14.1%
- Invalidation
- 902.01
- -9.8%
RiskReward
- Reward : risk
- 1.4 : 1
- ATR
- 13.99
- Price now
- 999.96 0.0%
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
SFL broke above its inverse head & shoulders on the 30-minute close at 999.96.
Projected target 1,141.17 (+14.1%). The pattern is invalidated beyond 902.01 (-9.8%), a reward-to-risk of about 1.4 : 1.
Structure: bearish external, bearish internal (strong high 1,104.98). Nearest supply OB 1,049.98 - 1,079.98.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing above the pattern at 999.96.
- 2 The target, 1,141.17 (+14.1%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 902.01 (-9.8%), cancels the setup.
- 4 Reward : risk is 1.4 : 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.