PSX · EXCHANGE TRADED FUNDS · 1 Hour
HBLTETF Bullish break of structure
HBL Total Treasury (ETF) · 19 Oct 2026 · 11:30 PKT
▲ Bullish BOS Market structure · BOS
Structure levels
- Close
- 106.92
- ▲ 0.02%
- Broken level
- 106.90
- 0.0%
- CHoCH level
- 105.90
- -1.0%
- ATR
- 0.07
- 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
HBLTETF closed above the external swing high at 106.90 from 01 Oct 09:30 - the bullish trend continues.
The hourly close at 106.92 confirms it. The new external CHoCH level (strong low) is 105.90: a close beyond it would change the character back.
Structure: bullish external, bullish internal (strong low 105.90). Nearest demand OB 106.77 - 106.90.
How to read this signal
- 1 Price closed above the swing level at 106.90, breaking the market structure.
- 2 The structure would flip back on a close beyond the CHoCH level, 105.90 (-1.0%).
- 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.