PSX · CEMENT · 1 Hour
PIOC Bearish break of structure
Pioneer Cement Limited · 22 Oct 2026 · 11:30 PKT
▼ Bearish BOS Market structure · BOS
Structure levels
- Close
- 226.00
- ▼ 2.17%
- Broken level
- 227.00
- +0.4%
- CHoCH level
- 236.00
- +4.4%
- ATR
- 2.58
- 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
PIOC closed below the external swing low at 227.00 from 19 Oct 09:30 - the bearish trend continues.
The hourly close at 226.00 confirms it. The new external CHoCH level (strong high) is 236.00: a close beyond it would change the character back.
Structure: bearish external, bearish internal (strong high 236.00). Nearest demand OB 213.50 - 216.00, supply OB 242.00 - 245.94.
How to read this signal
- 1 Price closed below the swing level at 227.00, breaking the market structure.
- 2 The structure would flip back on a close beyond the CHoCH level, 236.00 (+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.