PSX · TEXTILE SPINNING · 1 Hour
SZTM Bullish break of structure
Shahzad Textile Mills Limited · 26 Oct 2026 · 09:30 PKT
▲ Bullish BOS Market structure · BOS
Structure levels
- Close
- 136.00
- ▲ 2.63%
- Broken level
- 132.52
- -2.6%
- CHoCH level
- 108.42
- -20.3%
- ATR
- 7.20
- 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
SZTM closed above the external swing high at 132.52 from 23 Oct 09:30 - the bullish trend continues.
The hourly close at 136.00 confirms it. The new external CHoCH level (strong low) is 108.42: a close beyond it would change the character back.
Structure: bullish external, bullish internal (strong low 108.42). Nearest demand OB 80.00 - 84.84.
How to read this signal
- 1 Price closed above the swing level at 132.52, breaking the market structure.
- 2 The structure would flip back on a close beyond the CHoCH level, 108.42 (-20.3%).
- 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.