PSX · MODARABAS · 1 Hour
FECM Bearish break of structure
First Elite Capital Modaraba · 02 Nov 2026 · 09:30 PKT
▼ Bearish BOS Market structure · BOS
Structure levels
- Close
- 17.00
- ▼ 5.45%
- Broken level
- 17.11
- +0.6%
- CHoCH level
- 21.23
- +24.9%
- ATR
- 0.56
- 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
FECM closed below the external swing low at 17.11 from 09 Oct 14:30 - the bearish trend continues.
The hourly close at 17.00 confirms it. The new external CHoCH level (strong high) is 21.23: a close beyond it would change the character back.
Structure: bearish external, bearish internal (strong high 21.23). Nearest demand OB 15.54 - 15.56, supply OB 23.10 - 23.89.
How to read this signal
- 1 Price closed below the swing level at 17.11, breaking the market structure.
- 2 The structure would flip back on a close beyond the CHoCH level, 21.23 (+24.9%).
- 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.