PSX · COMMERCIAL BANKS · 30 Min
BAHL Inverse Head & Shoulders forming
Bank AL Habib Limited · 21 Oct 2026 · 09:30 PKT
▲ Bullish Forming Chart pattern With the trend
Trade plan
- Close
- 150.11
- ▲ 0.29%
- Target
- 158.27
- +5.4%
- Invalidation
- —
- ATR
- 0.83
- 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
BAHL has completed an inverse head & shoulders on the 30-minute chart with the head at 146.82 and the neckline at 152.22.
The pattern is confirmed by a 30-minute close above 152.39. The measured move from the neckline points to 158.27 (+4.0%). A close beyond the head at 146.82 cancels it.
Structure: bullish external, bullish internal (strong low 146.82). Nearest demand OB 147.00 - 148.90, supply OB 156.92 - 157.00.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing above the pattern at 150.11.
- 2 The target, 158.27 (+5.4%), 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.