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PSX · REFINERY · Daily

PRL Bullish break of structure

Pakistan Refinery Limited · 19 Oct 2026

▲ Bullish BOS Market structure · BOS

Structure levels

Close
108.81
▲ 1.74%
Broken level
108.80
0.0%
CHoCH level
74.74
-31.3%
ATR
5.54
PRL Bullish break of structure on the daily chart, 19 Oct 2026 — 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 Daily candles · click to enlarge

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The breakdown

PRL closed above the external swing high at 108.80 from 01 Sep 2026 - the bullish trend continues.

The daily close at 108.81 confirms it. The new external CHoCH level (strong low) is 74.74: a close beyond it would change the character back.

Structure: bullish external, bullish internal (strong low 74.74). Nearest demand OB 86.85 - 90.48.

How to read this signal

  1. 1 Price closed above the swing level at 108.80, breaking the market structure.
  2. 2 The structure would flip back on a close beyond the CHoCH level, 74.74 (-31.3%).
  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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