PSX · PHARMACEUTICALS · 1 Hour
LIVEN Head & Shoulders forming
Liven Pharma Limited · 02 Nov 2026 · 09:30 PKT
▼ Bearish Forming Chart pattern With the trend
Trade plan
- Close
- 29.50
- ▼ 3.53%
- Target
- 24.84
- -15.8%
- Invalidation
- —
- ATR
- 0.61
- 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 1 Hour candles · click to enlarge
The breakdown
LIVEN has completed a head & shoulders on the hourly chart with the head at 33.75 and the neckline at 28.74.
The pattern is confirmed by a hourly close below 28.62. The measured move from the neckline points to 24.84 (-13.6%). A close beyond the head at 33.75 cancels it.
Structure: bearish external, bearish internal (strong high 55.28). Nearest demand OB 27.82 - 29.00, supply OB 37.50 - 37.65.
How to read this signal
- 1 The breakout was confirmed by the 1 hour candle closing below the pattern at 29.50.
- 2 The target, 24.84 (-15.8%), is the pattern's height projected from the breakout.
- 3 Trend context: with 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.