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PSX · ENGINEERING

CSAP Inverse Head & Shoulders forming — 1 Hour chart signal

Crescent Steel & Allied Products Limited

1 Hour 09 Oct 2026 · 11:30 PKT

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89.69

▼ 0.12%

▲ Bullish

Inverse Head & Shoulders forming

Chart pattern Against the trend

CSAP Inverse Head & Shoulders forming on the 1 hour chart, 09 Oct 2026 · 11:30 PKT — PSX pattern signal by Smart Money
SMC Structure · Order Blocks · FVG · Pattern Detector 1 Hour candles
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CSAP has completed an inverse head & shoulders on the hourly chart with the head at 86.11 and the neckline at 95.22.

The pattern is confirmed by a hourly close above 95.35. The measured move from the neckline points to 105.36 (+10.6%). A close beyond the head at 86.11 cancels it. Still active - first identified on 02 Oct 2026 14:30.

Structure: bearish external, bearish internal (strong high 143.50). Nearest demand OB 78.25 - 80.00, supply OB 92.30 - 92.43.

Analysis by

Smart Money

smartmoney.pk · @smartmoneypk

Technical analysis for education only — not investment advice. Patterns can fail; manage your own risk.

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