PSX · EXCHANGE TRADED FUNDS · 30 Min
HBLTETF Inverse Head & Shoulders forming
HBL Total Treasury (ETF) · 13 Nov 2026 · 10:00 PKT
▲ Bullish Forming Chart pattern With the trend
Trade plan
- Close
- 107.90
- ▲ 0.15%
- Target
- 118.74
- +10.0%
- Invalidation
- —
- ATR
- 0.12
- 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
HBLTETF has completed an inverse head & shoulders on the 30-minute chart with the head at 96.65 and the neckline at 108.15.
The pattern is confirmed by a 30-minute close above 108.17. The measured move from the neckline points to 118.74 (+9.8%). A close beyond the head at 96.65 cancels it.
Structure: bullish external, bullish internal (strong low 105.90). Nearest bullish FVG 107.75 - 107.90.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing above the pattern at 107.90.
- 2 The target, 118.74 (+10.0%), is the pattern's height projected from the breakout.
- 3 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.