PSX · FOOD & PERSONAL CARE PRODUCTS · 30 Min
QUICE Inverse Head & Shoulders forming
Quice Food Industries Limited · 29 Oct 2026 · 10:00 PKT
▲ Bullish Forming Chart pattern Against the trend
Trade plan
- Close
- 27.30
- ▲ 1.68%
- Target
- 34.78
- +27.4%
- Invalidation
- —
- ATR
- 0.56
- 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
QUICE has completed an inverse head & shoulders on the 30-minute chart with the head at 25.00 and the neckline at 29.63.
The pattern is confirmed by a 30-minute close above 29.74. The measured move from the neckline points to 34.78 (+17.4%). A close beyond the head at 25.00 cancels it.
Structure: bearish external, bullish internal (strong high 35.40). Nearest demand OB 25.00 - 25.80, supply OB 32.51 - 32.78.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing above the pattern at 27.30.
- 2 The target, 34.78 (+27.4%), 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.