PSX · SUGAR & ALLIED INDUSTRIES · 30 Min
ADAMS Inverse Head & Shoulders breakout
Adam Sugar Mills Limited · 02 Nov 2026 · 12:00 PKT
▲ Bullish Breakout Pattern breakout With the trend
Closed at 71.79 on the breakout. Target 75.31, invalidation 63.25.
Trade plan
● Active- Close
- 71.79
- ▲ 7.17%
- Target
- 75.31
- +4.9%
- Invalidation
- 63.25
- -11.9%
RiskReward
- Reward : risk
- 0.4 : 1
- ATR
- 2.08
- Price now
- 68.50 -4.6%
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
ADAMS broke above its inverse head & shoulders on the 30-minute close at 71.79.
Projected target 75.31 (+4.9%). The pattern is invalidated beyond 63.25 (-11.9%), a reward-to-risk of about 0.4 : 1.
Structure: bullish external, bearish internal (strong low 60.12). Nearest bullish FVG 62.04 - 62.70.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing above the pattern at 71.79.
- 2 The target, 75.31 (+4.9%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 63.25 (-11.9%), cancels the setup.
- 4 Reward : risk is 0.4 : 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.