PSX · TEXTILE SPINNING · 30 Min
ARCTM Inverse Head & Shoulders breakout
Arctic Textile Mills Limited · 04 Nov 2026 · 11:00 PKT
▲ Bullish Breakout Pattern breakout With the trend
Closed at 79.89 on the breakout. Target 93.76, invalidation 70.00.
Trade plan
● Active- Close
- 79.89
- ▲ 3.75%
- Target
- 93.76
- +17.4%
- Invalidation
- 70.00
- -12.4%
RiskReward
- Reward : risk
- 1.4 : 1
- ATR
- 1.85
- Price now
- 78.63 -1.6%
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
ARCTM broke above its inverse head & shoulders on the 30-minute close at 79.89.
Projected target 93.76 (+17.4%). The pattern is invalidated beyond 70.00 (-12.4%), a reward-to-risk of about 1.4 : 1.
Structure: bullish external, bullish internal (strong low 33.25). Nearest demand OB 50.00 - 52.70.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing above the pattern at 79.89.
- 2 The target, 93.76 (+17.4%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 70.00 (-12.4%), cancels the setup.
- 4 Reward : risk is 1.4 : 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.