PSX · INSURANCE · 1 Hour
IGIHL Bearish break of structure
IGI Holdings Limited · 22 Oct 2026 · 10:30 PKT
▼ Bearish BOS Market structure · BOS
Structure levels
- Close
- 228.12
- ▼ 4.15%
- Broken level
- 235.00
- +3.0%
- CHoCH level
- 290.00
- +27.1%
- ATR
- 2.91
- 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
IGIHL closed below the external swing low at 235.00 from 20 Jul 09:30 - the bearish trend continues.
The hourly close at 228.12 confirms it. The new external CHoCH level (strong high) is 290.00: a close beyond it would change the character back.
Structure: bearish external, bearish internal (strong high 290.00). Nearest demand OB 201.50 - 204.00, supply OB 248.01 - 252.00.
How to read this signal
- 1 Price closed below the swing level at 235.00, breaking the market structure.
- 2 The structure would flip back on a close beyond the CHoCH level, 290.00 (+27.1%).
- 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.