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PSX · EXCHANGE TRADED FUNDS

MIIETF Head & Shoulders forming — 30 Min chart signal

Mahaana Islamic Index ETF

30 Min 16 Oct 2026 · 11:00 PKT

Close

15.83

▼ 0.06%

▼ Bearish

Head & Shoulders forming

Chart pattern With the trend

MIIETF Head & Shoulders forming on the 30 min chart, 16 Oct 2026 · 11:00 PKT — PSX pattern signal by Smart Money
SMC Structure · Order Blocks · FVG · Pattern Detector 30 Min candles
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MIIETF has completed a head & shoulders on the 30-minute chart with the head at 16.09 and the neckline at 15.56.

The pattern is confirmed by a 30-minute close below 15.55. The measured move from the neckline points to 15.14 (-2.7%). A close beyond the head at 16.09 cancels it.

Structure: bearish external, bearish internal (strong high 16.24). Nearest supply OB 16.65 - 16.73.

Analysis by

Smart Money

smartmoney.pk · @smartmoneypk

Technical analysis for education only — not investment advice. Patterns can fail; manage your own risk.

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