PSX · INSURANCE · 30 Min
SHNI Inverse Head & Shoulders breakout
Shaheen Insurance Company Limited · 13 Nov 2026 · 10:00 PKT
▲ Bullish Breakout Pattern breakout With the trend
Closed at 8.19 on the breakout. Target 9.47, invalidation 7.70.
Trade plan
● Active- Close
- 8.19
- ▲ 2.38%
- Target
- 9.47
- +15.6%
- Invalidation
- 7.70
- -6.0%
RiskReward
- Reward : risk
- 2.6 : 1
- ATR
- 0.15
- Price now
- 8.13 -0.7%
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
SHNI broke above its inverse head & shoulders on the 30-minute close at 8.19.
Projected target 9.47 (+15.6%). The pattern is invalidated beyond 7.70 (-6.0%), a reward-to-risk of about 2.6 : 1.
Structure: bullish external, bearish internal (strong low 6.61). Nearest supply OB 9.75 - 9.95.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing above the pattern at 8.19.
- 2 The target, 9.47 (+15.6%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 7.70 (-6.0%), cancels the setup.
- 4 Reward : risk is 2.6 : 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.