PSX · MODARABAS · 30 Min
FIBLM Head & Shoulders breakdown
First IBL Modaraba · 26 Oct 2026 · 14:30 PKT
▼ Bearish Breakout Pattern breakout Against the trend
Closed at 14.62 on the breakout. Target 11.90, invalidation 16.25.
Trade plan
● Active- Close
- 14.62
- ▼ 1.08%
- Target
- 11.90
- -18.6%
- Invalidation
- 16.25
- +11.1%
RiskReward
- Reward : risk
- 1.7 : 1
- ATR
- 0.31
- Price now
- 14.89 +1.9%
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
FIBLM broke below its head & shoulders on the 30-minute close at 14.62.
Projected target 11.90 (-18.6%). The pattern is invalidated beyond 16.25 (+11.1%), a reward-to-risk of about 1.7 : 1.
Structure: bullish external, bearish internal (strong low 9.80). Nearest demand OB 12.00 - 12.60, supply OB 18.86 - 19.10.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing below the pattern at 14.62.
- 2 The target, 11.90 (-18.6%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 16.25 (+11.1%), cancels the setup.
- 4 Reward : risk is 1.7 : 1: the distance to the target divided by the distance to invalidation.
- 5 Trend context: against the trend.
Pattern guide
About the head and shoulders
A head and shoulders is a topping pattern: three peaks with the middle one highest, resting on a "neckline" whose break often ends an uptrend.
- Confirmation
- A close below the neckline.
- Target
- The height from the head to the neckline, projected down from the break.
- Fails if
- A close back above the right shoulder or the neckline.