PSX · FOOD & PERSONAL CARE PRODUCTS · 30 Min
NATF Bullish change of character
National Foods Limited · 04 Nov 2026 · 15:00 PKT
▲ Bullish CHoCH Market structure · CHoCH
Structure levels
- Close
- 322.10
- ▲ 1.25%
- Broken level
- 322.00
- 0.0%
- CHoCH level
- 301.00
- -6.6%
- ATR
- 2.40
- 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
NATF closed above the external strong high at 322.00 - the external trend turns bullish.
The 30-minute close at 322.10 confirms it. The new external CHoCH level (strong low) is 301.00: a close beyond it would change the character back.
Structure: bullish external, bullish internal (strong low 301.00). Nearest demand OB 317.40 - 317.92, supply OB 342.01 - 344.60.
How to read this signal
- 1 Price closed above the swing level at 322.00, breaking the market structure.
- 2 The structure would flip back on a close beyond the CHoCH level, 301.00 (-6.6%).
- 3 Structure signals carry no fixed target: the next liquidity area is the usual objective.
Pattern guide
About the change of character (choch)
A change of character (CHoCH) is the first close against the trend's structure, breaking the swing low of an uptrend or the swing high of a downtrend: an early sign of reversal.
- Confirmation
- A candle close beyond the swing point that defined the trend.
- Target
- No fixed target: the first opposing liquidity area.
- Fails if
- A move back beyond the broken level that resumes the old trend.