PSX · COMMERCIAL BANKS · 30 Min
BAHL Inverse Head & Shoulders breakout
Bank AL Habib Limited · 28 Oct 2026 · 14:30 PKT
▲ Bullish Breakout Pattern breakout With the trend
Closed at 152.00 on the breakout. Target 157.53, invalidation 149.25.
Trade plan
● Active- Close
- 152.00
- ▲ 0.76%
- Target
- 157.53
- +3.6%
- Invalidation
- 149.25
- -1.8%
RiskReward
- Reward : risk
- 2.0 : 1
- ATR
- 0.74
- Price now
- 152.00 0.0%
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
BAHL broke above its inverse head & shoulders on the 30-minute close at 152.00.
Projected target 157.53 (+3.6%). The pattern is invalidated beyond 149.25 (-1.8%), a reward-to-risk of about 2.0 : 1.
Structure: bullish external, bullish internal (strong low 146.82). Nearest demand OB 149.87 - 150.34, 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 152.00.
- 2 The target, 157.53 (+3.6%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 149.25 (-1.8%), cancels the setup.
- 4 Reward : risk is 2.0 : 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.