PSX · JUTE · 1 Hour
CJPL Bearish break of structure
Crescent Jute Products Limited · 23 Oct 2026 · 15:30 PKT
▼ Bearish BOS Market structure · BOS
Structure levels
- Close
- 14.02
- ▼ 4.63%
- Broken level
- 14.03
- +0.1%
- CHoCH level
- 16.70
- +19.1%
- ATR
- 0.41
- 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
CJPL closed below the external swing low at 14.03 from 05 Oct 14:30 - the bearish trend continues.
The hourly close at 14.02 confirms it. The new external CHoCH level (strong high) is 16.70: a close beyond it would change the character back.
Structure: bearish external, bearish internal (strong high 16.70). Nearest demand OB 12.50 - 13.25, supply OB 14.45 - 15.10.
How to read this signal
- 1 Price closed below the swing level at 14.03, breaking the market structure.
- 2 The structure would flip back on a close beyond the CHoCH level, 16.70 (+19.1%).
- 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.