PSX · TEXTILE COMPOSITE · 1 Hour
ADMM Bearish break of structure
Artistic Denim Mills Limited · 26 Oct 2026 · 09:30 PKT
▼ Bearish BOS Market structure · BOS
Structure levels
- Close
- 48.11
- ▼ 4.35%
- Broken level
- 49.02
- +1.9%
- CHoCH level
- 64.90
- +34.9%
- ATR
- 0.89
- 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
ADMM closed below the external swing low at 49.02 from 24 Jul 09:30 - the bearish trend continues.
The hourly close at 48.11 confirms it. The new external CHoCH level (strong high) is 64.90: a close beyond it would change the character back.
Structure: bearish external, bearish internal (strong high 64.90). Nearest demand OB 45.50 - 46.60, supply OB 74.00 - 75.00.
How to read this signal
- 1 Price closed below the swing level at 49.02, breaking the market structure.
- 2 The structure would flip back on a close beyond the CHoCH level, 64.90 (+34.9%).
- 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.