PSX · Indices · 30 Min
KMIALLSHR Bullish change of character
KMI ALL Shares Index · 04 Nov 2026 · 09:30 PKT
▲ Bullish CHoCH Market structure · CHoCH
Structure levels
- Close
- 65,827.01
- ▲ 0.79%
- Broken level
- 65,790.56
- -0.1%
- CHoCH level
- 63,425.53
- -3.6%
- ATR
- 142.52
- 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
KMIALLSHR closed above the external strong high at 65,790.56 - the external trend turns bullish.
The 30-minute close at 65,827.01 confirms it. The new external CHoCH level (strong low) is 63,425.53: a close beyond it would change the character back.
Structure: bullish external, bullish internal (strong low 63,425.53). Nearest demand OB 65,139.49 - 65,290.06, supply OB 66,252.97 - 66,330.33.
How to read this signal
- 1 Price closed above the swing level at 65,790.56, breaking the market structure.
- 2 The structure would flip back on a close beyond the CHoCH level, 63,425.53 (-3.6%).
- 3 Structure signals carry no fixed target: the next liquidity area is the usual objective.
Pattern guide
About the change of character (choch)
A change of character (CHoCH) is the first close against the trend's structure, breaking the swing low of an uptrend or the swing high of a downtrend: an early sign of reversal.
- Confirmation
- A candle close beyond the swing point that defined the trend.
- Target
- No fixed target: the first opposing liquidity area.
- Fails if
- A move back beyond the broken level that resumes the old trend.