PSX · Indices · 1 Hour
KSE100 Inverse Head & Shoulders forming
KSE100 Index · 03 Nov 2026 · 09:30 PKT
▲ Bullish Forming Chart pattern With the trend
Trade plan
- Close
- 168,165.95
- ▲ 0.92%
- Target
- 173,648.44
- +3.3%
- Invalidation
- —
- ATR
- 546.50
- 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 1 Hour candles · click to enlarge
The breakdown
KSE100 has completed an inverse head & shoulders on the hourly chart with the head at 161,250.07 and the neckline at 168,167.94.
The pattern is confirmed by a hourly close above 168,277.24. The measured move from the neckline points to 173,648.44 (+3.3%). A close beyond the head at 161,250.07 cancels it.
Structure: bullish external, bullish internal (strong low 161,250.07). Nearest demand OB 165,748.98 - 166,217.61, supply OB 168,623.12 - 169,312.86.
How to read this signal
- 1 The breakout was confirmed by the 1 hour candle closing above the pattern at 168,165.95.
- 2 The target, 173,648.44 (+3.3%), 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.