PSX · AUTOMOBILE PARTS & ACCESSORIES · 30 Min
AGIL Bearish change of character
Agriauto Industries Limited · 21 Oct 2026 · 12:00 PKT
▼ Bearish CHoCH Market structure · CHoCH
Structure levels
- Close
- 135.99
- ▼ 0.37%
- Broken level
- 136.02
- +0.0%
- CHoCH level
- 189.24
- +39.2%
- ATR
- 1.65
- 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
AGIL closed below the external strong low at 136.02 - the external trend turns bearish.
The 30-minute close at 135.99 confirms it. The new external CHoCH level (strong high) is 189.24: a close beyond it would change the character back.
Structure: bearish external, bearish internal (strong high 189.24). Nearest supply OB 136.58 - 139.00.
How to read this signal
- 1 Price closed below the swing level at 136.02, breaking the market structure.
- 2 The structure would flip back on a close beyond the CHoCH level, 189.24 (+39.2%).
- 3 Structure signals carry no fixed target: the next liquidity area is the usual objective.
Pattern guide
About the change of character (choch)
A change of character (CHoCH) is the first close against the trend's structure, breaking the swing low of an uptrend or the swing high of a downtrend: an early sign of reversal.
- Confirmation
- A candle close beyond the swing point that defined the trend.
- Target
- No fixed target: the first opposing liquidity area.
- Fails if
- A move back beyond the broken level that resumes the old trend.