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PSX · MODARABAS · 30 Min

FTSM Bearish break of structure

First Tri-Star Modaraba · 19 Oct 2026 · 09:30 PKT

▼ Bearish BOS Market structure · BOS

Structure levels

Close
33.00
▼ 4.76%
Broken level
33.75
+2.3%
CHoCH level
49.20
+49.1%
ATR
0.77
FTSM Bearish break of structure on the 30 min chart, 19 Oct 2026 · 09:30 PKT — PSX pattern signal by Smart Money
  • 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

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The breakdown

FTSM closed below the external swing low at 33.75 from 11 Sep 09:30 - the bearish trend continues.

The 30-minute close at 33.00 confirms it. The new external CHoCH level (strong high) is 49.20: a close beyond it would change the character back.

Structure: bearish external, bearish internal (strong high 49.20). Nearest demand OB 19.75 - 19.80, supply OB 34.65 - 34.95.

How to read this signal

  1. 1 Price closed below the swing level at 33.75, breaking the market structure.
  2. 2 The structure would flip back on a close beyond the CHoCH level, 49.20 (+49.1%).
  3. 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.
Break of structure (BOS) signals and their record on PSX →

Analysis by

Smart Money

smartmoney.pk · @smartmoneypk

Technical analysis for education only — not investment advice. Patterns can fail; manage your own risk.

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