PSX · TECHNOLOGY & COMMUNICATION · 30 Min
NETSOL Inverse Head & Shoulders breakout
NetSol Technologies Limited · 13 Nov 2026 · 10:00 PKT
▲ Bullish Breakout Pattern breakout Against the trend
Closed at 119.35 on the breakout. Target 124.44, invalidation 115.50.
Trade plan
● Active- Close
- 119.35
- ▲ 2.10%
- Target
- 124.44
- +4.3%
- Invalidation
- 115.50
- -3.2%
RiskReward
- Reward : risk
- 1.3 : 1
- ATR
- 0.85
- Price now
- 119.08 -0.2%
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
NETSOL broke above its inverse head & shoulders on the 30-minute close at 119.35.
Projected target 124.44 (+4.3%). The pattern is invalidated beyond 115.50 (-3.2%), a reward-to-risk of about 1.3 : 1.
Structure: bearish external, bearish internal (strong high 120.70). Nearest supply OB 123.11 - 124.70.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing above the pattern at 119.35.
- 2 The target, 124.44 (+4.3%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 115.50 (-3.2%), cancels the setup.
- 4 Reward : risk is 1.3 : 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.