PSX · OIL & GAS EXPLORATION COMPANIES · 1 Hour
POL Bearish break of structure
Pakistan Oilfields Limited · 29 Oct 2026 · 14:30 PKT
▼ Bearish BOS Market structure · BOS
Structure levels
- Close
- 658.99
- ▼ 1.01%
- Broken level
- 661.60
- +0.4%
- CHoCH level
- 676.88
- +2.7%
- ATR
- 3.76
- 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
POL closed below the external swing low at 661.60 from 15 Oct 10:30 - the bearish trend continues.
The hourly close at 658.99 confirms it. The new external CHoCH level (strong high) is 676.88: a close beyond it would change the character back.
Structure: bearish external, bearish internal (strong high 676.88). Nearest supply OB 660.61 - 666.50.
How to read this signal
- 1 Price closed below the swing level at 661.60, breaking the market structure.
- 2 The structure would flip back on a close beyond the CHoCH level, 676.88 (+2.7%).
- 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.