PSX · PAPER, BOARD & PACKAGING · Daily
SEPL Bearish break of structure
Security Papers Limited · 23 Oct 2026
▼ Bearish BOS Market structure · BOS
Structure levels
- Close
- 127.82
- ▼ 1.63%
- Broken level
- 128.05
- +0.2%
- CHoCH level
- 163.00
- +27.5%
- ATR
- 3.41
- 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 Daily candles · click to enlarge
The breakdown
SEPL closed below the external swing low at 128.05 from 30 Mar 2026 - the bearish trend continues.
The daily close at 127.82 confirms it. The new external CHoCH level (strong high) is 163.00: a close beyond it would change the character back.
Structure: bearish external, bearish internal (strong high 163.00). Nearest demand OB 116.60 - 119.99, supply OB 130.80 - 134.50.
How to read this signal
- 1 Price closed below the swing level at 128.05, breaking the market structure.
- 2 The structure would flip back on a close beyond the CHoCH level, 163.00 (+27.5%).
- 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.