PSX · POWER GENERATION & DISTRIBUTION · 30 Min
SPWL Bullish break of structure
Saif Power Limited · 02 Nov 2026 · 11:30 PKT
▲ Bullish BOS Market structure · BOS
Structure levels
- Close
- 8.80
- ▲ 1.03%
- Broken level
- 8.78
- -0.2%
- CHoCH level
- 7.80
- -11.4%
- ATR
- 0.11
- 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 30 Min candles · click to enlarge
The breakdown
SPWL closed above the external swing high at 8.78 from 19 Oct 11:00 - the bullish trend continues.
The 30-minute close at 8.80 confirms it. The new external CHoCH level (strong low) is 7.80: a close beyond it would change the character back.
Structure: bullish external, bullish internal (strong low 7.80). Nearest demand OB 8.45 - 8.54, supply OB 9.19 - 9.22.
How to read this signal
- 1 Price closed above the swing level at 8.78, breaking the market structure.
- 2 The structure would flip back on a close beyond the CHoCH level, 7.80 (-11.4%).
- 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.