PSX · CHEMICAL · 1 Hour
GCWL Bearish break of structure
Ghani Chemworld Limited · 21 Oct 2026 · 13:30 PKT
▼ Bearish BOS Market structure · BOS
Structure levels
- Close
- 11.94
- ▼ 1.16%
- Broken level
- 12.00
- +0.5%
- CHoCH level
- 14.43
- +20.9%
- ATR
- 0.24
- 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
GCWL closed below the external swing low at 12.00 from 12 Oct 10:30 - the bearish trend continues.
The hourly close at 11.94 confirms it. The new external CHoCH level (strong high) is 14.43: a close beyond it would change the character back.
Structure: bearish external, bearish internal (strong high 14.43). Nearest supply OB 12.12 - 12.30.
How to read this signal
- 1 Price closed below the swing level at 12.00, breaking the market structure.
- 2 The structure would flip back on a close beyond the CHoCH level, 14.43 (+20.9%).
- 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.