PSX · TEXTILE SPINNING · 1 Hour
GSPM Bullish break of structure
Gulshan Spinning Mills Limited · 21 Oct 2026 · 09:30 PKT
▲ Bullish BOS Market structure · BOS
Structure levels
- Close
- 8.60
- ▲ 5.52%
- Broken level
- 8.45
- -1.7%
- CHoCH level
- 5.67
- -34.1%
- ATR
- 0.37
- 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
GSPM closed above the external swing high at 8.45 from 01 Jul 09:30 - the bullish trend continues.
The hourly close at 8.60 confirms it. The new external CHoCH level (strong low) is 5.67: a close beyond it would change the character back.
Structure: bullish external, bullish internal (strong low 5.67). Nearest bullish FVG 7.92 - 8.01.
How to read this signal
- 1 Price closed above the swing level at 8.45, breaking the market structure.
- 2 The structure would flip back on a close beyond the CHoCH level, 5.67 (-34.1%).
- 3 Structure signals carry no fixed target: the next liquidity area is the usual objective.
Pattern guide
About the break of structure (bos)
A break of structure (BOS) is a close beyond the last swing high in an uptrend, or swing low in a downtrend: the trend making a new leg.
- Confirmation
- A candle close beyond the swing high or low.
- Target
- No fixed target: the next liquidity area or weak high / low.
- Fails if
- A close beyond the CHoCH level, which would change the structure.