PSX · TEXTILE COMPOSITE · 1 Hour
SAPT Bullish break of structure
Sapphire Textile Mills Limited · 23 Oct 2026 · 10:30 PKT
▲ Bullish BOS Market structure · BOS
Structure levels
- Close
- 1,707.83
- ▲ 11.22%
- Broken level
- 1,606.00
- -6.0%
- CHoCH level
- 1,315.00
- -23.0%
- ATR
- 71.47
- 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
SAPT closed above the external swing high at 1,606.00 from 29 Jun 09:30 - the bullish trend continues.
The hourly close at 1,707.83 confirms it. The new external CHoCH level (strong low) is 1,315.00: a close beyond it would change the character back.
Structure: bullish external, bullish internal (strong low 1,315.00). Nearest demand OB 1,492.00 - 1,580.00.
How to read this signal
- 1 Price closed above the swing level at 1,606.00, breaking the market structure.
- 2 The structure would flip back on a close beyond the CHoCH level, 1,315.00 (-23.0%).
- 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.