PSX · Indices · 30 Min
KSE30 Inverse Head & Shoulders forming
KSE30 Index · 02 Nov 2026 · 13:30 PKT
▲ Bullish Forming Chart pattern Against the trend
Trade plan
- Close
- 49,023.36
- ▲ 0.38%
- Target
- 51,396.91
- +4.8%
- Invalidation
- —
- ATR
- 116.51
- 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
KSE30 has completed an inverse head & shoulders on the 30-minute chart with the head at 47,465.28 and the neckline at 49,593.39.
The pattern is confirmed by a 30-minute close above 49,616.69. The measured move from the neckline points to 51,396.91 (+3.6%). A close beyond the head at 47,465.28 cancels it.
Structure: bearish external, bullish internal (strong high 49,509.33). Nearest demand OB 48,574.43 - 48,625.29, supply OB 50,068.81 - 50,213.02.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing above the pattern at 49,023.36.
- 2 The target, 51,396.91 (+4.8%), 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.