PSX · OIL & GAS EXPLORATION COMPANIES · 30 Min
MARI Inverse Head & Shoulders breakout
Mari Energies Limited · 02 Nov 2026 · 11:00 PKT
▲ Bullish Breakout Pattern breakout Against the trend
Closed at 651.00 on the breakout. Target 659.83, invalidation 627.86.
Trade plan
● Active- Close
- 651.00
- ▲ 1.09%
- Target
- 659.83
- +1.4%
- Invalidation
- 627.86
- -3.6%
RiskReward
- Reward : risk
- 0.4 : 1
- ATR
- 6.95
- Price now
- 646.00 -0.8%
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
MARI broke above its inverse head & shoulders on the 30-minute close at 651.00.
Projected target 659.83 (+1.4%). The pattern is invalidated beyond 627.86 (-3.6%), a reward-to-risk of about 0.4 : 1.
Structure: bearish external, bearish internal (strong high 655.00). Nearest supply OB 704.74 - 704.99.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing above the pattern at 651.00.
- 2 The target, 659.83 (+1.4%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 627.86 (-3.6%), cancels the setup.
- 4 Reward : risk is 0.4 : 1: the distance to the target divided by the distance to invalidation.
- 5 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.