PSX · CEMENT · 30 Min
DGKC Inverse Head & Shoulders breakout
D.G. Khan Cement Company Limited · 04 Nov 2026 · 09:30 PKT
▲ Bullish Breakout Pattern breakout With the trend
Closed at 188.77 on the breakout. Target 198.22, invalidation 178.00.
Trade plan
● Active- Close
- 188.77
- ▲ 2.03%
- Target
- 198.22
- +5.0%
- Invalidation
- 178.00
- -5.7%
RiskReward
- Reward : risk
- 0.9 : 1
- ATR
- 1.22
- Price now
- 190.80 +1.1%
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
DGKC broke above its inverse head & shoulders on the 30-minute close at 188.77.
Projected target 198.22 (+5.0%). The pattern is invalidated beyond 178.00 (-5.7%), a reward-to-risk of about 0.9 : 1.
Structure: bullish external, bullish internal (strong low 178.00). Nearest demand OB 183.80 - 184.90, supply OB 191.91 - 192.38.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing above the pattern at 188.77.
- 2 The target, 198.22 (+5.0%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 178.00 (-5.7%), cancels the setup.
- 4 Reward : risk is 0.9 : 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.