PSX · Indices · 1 Hour
KMI30 Inverse Head & Shoulders breakout
KMI30 Index · 03 Nov 2026 · 09:30 PKT
▲ Bullish Breakout Pattern breakout With the trend
Closed at 240,441.98 on the breakout. Target 249,112.04, invalidation 236,439.57.
Trade plan
● Active- Close
- 240,441.98
- ▲ 0.88%
- Target
- 249,112.04
- +3.6%
- Invalidation
- 236,439.57
- -1.7%
RiskReward
- Reward : risk
- 2.2 : 1
- ATR
- 892.86
- Price now
- 240,712.59 +0.1%
Outcome measured on the 1 hour 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 1 Hour candles · click to enlarge
The breakdown
KMI30 broke above its inverse head & shoulders on the hourly close at 240,441.98.
Projected target 249,112.04 (+3.6%). The pattern is invalidated beyond 236,439.57 (-1.7%), a reward-to-risk of about 2.2 : 1.
Structure: bullish external, bullish internal (strong low 100,710.58). Nearest demand OB 101,458.07 - 101,812.11, supply OB 246,989.87 - 246,998.20.
How to read this signal
- 1 The breakout was confirmed by the 1 hour candle closing above the pattern at 240,441.98.
- 2 The target, 249,112.04 (+3.6%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 236,439.57 (-1.7%), cancels the setup.
- 4 Reward : risk is 2.2 : 1: the distance to the target divided by the distance to invalidation.
- 5 Trend context: with 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.