PSX · ENGINEERING · Daily
PECO Bullish break of structure
Pakistan Engineering Company Limited · 11 Nov 2026
▲ Bullish BOS Market structure · BOS
Structure levels
- Close
- 1,055.02
- ▲ 10.00%
- Broken level
- 1,039.00
- -1.5%
- CHoCH level
- 376.02
- -64.4%
- ATR
- 65.05
- 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
PECO closed above the external swing high at 1,039.00 from 02 Sep 2024 - the bullish trend continues.
The daily close at 1,055.02 confirms it. The new external CHoCH level (strong low) is 376.02: a close beyond it would change the character back.
Structure: bullish external, bullish internal (strong low 376.02). Nearest demand OB 880.29 - 980.00.
How to read this signal
- 1 Price closed above the swing level at 1,039.00, breaking the market structure.
- 2 The structure would flip back on a close beyond the CHoCH level, 376.02 (-64.4%).
- 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.