PSX · Indices · 1 Hour
ALLSHR Inverse Head & Shoulders breakout
KSE ALL Shares Index · 04 Nov 2026 · 09:30 PKT
▲ Bullish Breakout Pattern breakout With the trend
Closed at 102,192.40 on the breakout. Target 104,500.48, invalidation 100,043.73.
Trade plan
● Active- Close
- 102,192.40
- ▲ 1.12%
- Target
- 104,500.48
- +2.3%
- Invalidation
- 100,043.73
- -2.1%
RiskReward
- Reward : risk
- 1.1 : 1
- ATR
- 313.99
- Price now
- 102,135.33 -0.1%
Outcome measured on the 1 hour 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 1 Hour candles · click to enlarge
The breakdown
ALLSHR broke above its inverse head & shoulders on the hourly close at 102,192.40.
Projected target 104,500.48 (+2.3%). The pattern is invalidated beyond 100,043.73 (-2.1%), a reward-to-risk of about 1.1 : 1.
Structure: bullish external, bullish internal (strong low 98,017.34). Nearest demand OB 100,955.15 - 101,073.00, supply OB 102,928.27 - 103,576.46.
How to read this signal
- 1 The breakout was confirmed by the 1 hour candle closing above the pattern at 102,192.40.
- 2 The target, 104,500.48 (+2.3%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 100,043.73 (-2.1%), cancels the setup.
- 4 Reward : risk is 1.1 : 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.