PSX · AUTOMOBILE ASSEMBLER · 30 Min
HCAR Bearish break of structure
Honda Atlas Cars (Pakistan) Limited · 23 Oct 2026 · 15:30 PKT
▼ Bearish BOS Market structure · BOS
Structure levels
- Close
- 196.93
- ▼ 0.79%
- Broken level
- 197.80
- +0.4%
- CHoCH level
- 210.03
- +6.7%
- ATR
- 1.82
- 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
HCAR closed below the external swing low at 197.80 from 20 Oct 15:00 - the bearish trend continues.
The 30-minute close at 196.93 confirms it. The new external CHoCH level (strong high) is 210.03: a close beyond it would change the character back.
Structure: bearish external, bearish internal (strong high 210.03). Nearest demand OB 178.56 - 179.90, supply OB 198.01 - 199.49.
How to read this signal
- 1 Price closed below the swing level at 197.80, breaking the market structure.
- 2 The structure would flip back on a close beyond the CHoCH level, 210.03 (+6.7%).
- 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.