PSX · POWER GENERATION & DISTRIBUTION · 30 Min
HUBC Inverse Head & Shoulders forming
The Hub Power Company Limited · 29 Oct 2026 · 09:30 PKT
▲ Bullish Forming Chart pattern Against the trend
Trade plan
- Close
- 194.65
- ▲ 0.70%
- Target
- 204.40
- +5.0%
- Invalidation
- —
- ATR
- 1.11
- 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
HUBC has completed an inverse head & shoulders on the 30-minute chart with the head at 186.10 and the neckline at 194.75.
The pattern is confirmed by a 30-minute close above 194.97. The measured move from the neckline points to 204.40 (+5.0%). A close beyond the head at 186.10 cancels it.
Structure: bearish external, bullish internal (strong high 196.94). Nearest demand OB 187.90 - 189.50, supply OB 199.90 - 200.74.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing above the pattern at 194.65.
- 2 The target, 204.40 (+5.0%), is the pattern's height projected from the breakout.
- 3 Trend context: against 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.