PSX · GLASS & CERAMICS · Daily
STCL Bullish change of character
Shabbir Tiles & Ceramics Limited · 10 Nov 2026
▲ Bullish CHoCH Market structure · CHoCH
Structure levels
- Close
- 9.32
- ▲ 9.26%
- Broken level
- 9.31
- -0.1%
- CHoCH level
- 7.88
- -15.5%
- ATR
- 0.42
- 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
STCL closed above the external strong high at 9.31 - the external trend turns bullish.
The daily close at 9.32 confirms it. The new external CHoCH level (strong low) is 7.88: a close beyond it would change the character back.
Structure: bullish external, bullish internal (strong low 7.88). Nearest demand OB 7.95 - 8.22, supply OB 10.11 - 10.69.
How to read this signal
- 1 Price closed above the swing level at 9.31, breaking the market structure.
- 2 The structure would flip back on a close beyond the CHoCH level, 7.88 (-15.5%).
- 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.