PSX · FOOD & PERSONAL CARE PRODUCTS · 30 Min
SHEZ Inverse Head & Shoulders forming
Shezan International Limited · 11 Nov 2026 · 09:30 PKT
▲ Bullish Forming Chart pattern With the trend
Trade plan
- Close
- 272.99
- ▲ 0.36%
- Target
- 318.84
- +16.8%
- Invalidation
- —
- ATR
- 6.34
- 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
SHEZ has completed an inverse head & shoulders on the 30-minute chart with the head at 238.70 and the neckline at 279.34.
The pattern is confirmed by a 30-minute close above 280.61. The measured move from the neckline points to 318.84 (+14.1%). A close beyond the head at 238.70 cancels it.
Structure: bullish external, bearish internal (strong low 220.10). Nearest demand OB 225.01 - 230.12.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing above the pattern at 272.99.
- 2 The target, 318.84 (+16.8%), 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.