PSX · TEXTILE COMPOSITE · 30 Min
FML Bearish break of structure
Feroze1888 Mills Limited · 22 Oct 2026 · 12:30 PKT
▼ Bearish BOS Market structure · BOS
Structure levels
- Close
- 42.00
- ▼ 2.28%
- Broken level
- 42.08
- +0.2%
- CHoCH level
- 47.10
- +12.1%
- ATR
- 0.90
- 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
FML closed below the external swing low at 42.08 from 06 Oct 13:00 - the bearish trend continues.
The 30-minute close at 42.00 confirms it. The new external CHoCH level (strong high) is 47.10: a close beyond it would change the character back.
Structure: bearish external, bearish internal (strong high 47.10). Nearest demand OB 38.00 - 38.02, supply OB 44.51 - 45.45.
How to read this signal
- 1 Price closed below the swing level at 42.08, breaking the market structure.
- 2 The structure would flip back on a close beyond the CHoCH level, 47.10 (+12.1%).
- 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.