PSX · FOOD & PERSONAL CARE PRODUCTS · 1 Hour
MFL Bearish break of structure
Matco Foods Limited · 06 Nov 2026 · 15:30 PKT
▼ Bearish BOS Market structure · BOS
Structure levels
- Close
- 40.70
- ▼ 1.21%
- Broken level
- 40.75
- +0.1%
- CHoCH level
- 42.50
- +4.4%
- ATR
- 0.72
- 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
MFL closed below the external swing low at 40.75 from 04 Nov 09:30 - the bearish trend continues.
The hourly close at 40.70 confirms it. The new external CHoCH level (strong high) is 42.50: a close beyond it would change the character back.
Structure: bearish external, bearish internal (strong high 42.50). Nearest demand OB 38.01 - 38.99, supply OB 42.01 - 42.50.
How to read this signal
- 1 Price closed below the swing level at 40.75, breaking the market structure.
- 2 The structure would flip back on a close beyond the CHoCH level, 42.50 (+4.4%).
- 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.